Whale activity explains the price increase of Chainlink$LINK
Over the past seven days, large investors have added more than 1.1 million LINK to their portfolios. At the current price of $24.80, this amounts to about $27.2 million. Such a volume of investments is rarely coincidental and usually reflects confidence in the asset, which is evident in the price dynamics of Chainlink.
'Smart money' wallets, which typically track market trends accurately, have increased their holdings by 12.6% over the week.
Meanwhile, the top 100 LINK addresses have started accumulating tokens again, albeit slightly. The combined actions of all three segments explain why the price of LINK stands out against the overall weakness of the market.$WCT $BB