On-chain data shows whale-sized Chainlink wallets have reached a new all-time high (ATH), a sign that big-money interest has been flowing into the network.
Chainlink Wallets With At Least 100,000 LINK Have Set A New Record
According to data from on-chain analytics firm Santiment, Chainlink has seen large wallets reach a new record. The indicator of relevance here is the “Supply Distribution,” which tells us about the total number of addresses that belong to a particular address group.
Wallets or investors are divided into these cohorts based on the number of tokens that they are carrying in their balance. For example, the 1 to 10 coins group includes all addresses holding between 1 and 10 LINK. In the context of the current topic, the range of interest is the one with a lower bound at 100,000 LINK and no upper limit.
At the current exchange rate, the cutoff for the range converts to $957,000, which is a significant amount. Thus, the only investors who would qualify for
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