Following the whale’s purchase, Chainlink experienced a 26% price increase, reaching $25.83, and saw a massive 424.83% surge in trading volume, pushing its market activity to new heights.
The surge in LINK’s price was accompanied by a significant increase in futures and derivatives market activity, with open interest in LINK futures rising by 54.74%.
A large Chainlink investor, or “whale,” has recently bought over $6 million worth of digital assets, sending the crypto community into a buzz. The substantial accumulation takes place as the price of LINK continues to rally. It has, thus, paved the way for market speculation about further growth potential for the LINK price
Chainlink Whale Buys Over $6 Million LINK
On Tuesday, December 3, the market witnessed the wallet address 0x73d3 from Debank.com accumulating major portions of the LINK tokens. This is going to attract much attention to this whale. The whale managed to buy a total of 269,861 LINK tokens worth $6.68 million. The
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