according to the materials of the site - By Tokentopnews.com
A smart whale spent 4806 ETH (approximately $21.23 million) to acquire 938,489 LINK tokens, which became a significant accumulation event on August 17, 2025.
This acquisition indicates significant interest in Chainlink, which caused a price increase of 12% and improved market liquidity, reflecting strong institutional participation in the cryptocurrency market.
A well-known crypto whale spent 4806 ETH (approximately $21.23 million) to acquire 938,489 LINK tokens at an average price of $22.62. This large purchase marked an important accumulation event for whales in the cryptocurrency market.
Five wallets, linked by blockchain analysts, were likely managed by a single organization. The lack of official statements from Chainlink emphasizes the anonymity that large investors in the crypto ecosystem usually maintain. Activity is observed on the Arkham platform, which is a key tool for tracking 'whales'.
The market price of Chainlink rose by more than 12% within 24 hours after the accumulation. Activity in both LINK and Ethereum on the blockchain reached significant highs, demonstrating an increase in market dynamics, clearly driven by 'whale' investments.
A significant exchange of ETH for LINK indicates a notable shift in preferences among institutional investors in favor of LINK. Ethereum maintains its reputation as a key asset, as evidenced by a stable influx of funds amid overall market trends.
The strategic purchase has not yet provoked any serious reactions from regulators or officials. Community sentiment remains optimistic, speculating on the potential growth in value for both LINK and ETH. Historical trends of 'whale' activity often lead to sharp spikes in volatility and sustained growth of these assets.
This transaction highlights the continuing institutional recognition of Chainlink's role in the decentralized finance space. Five potentially related wallets spent 4806 ETH ($21.23 million) to purchase 938,489 LINK at an average price of $22.62; all activity is visible on Arkham, a great place for tracking whales. — @OnchainLens, blockchain analyst
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