Fresh Whales Bought $34 Million in the Last Five Days

According to cryptocurrency onchain data, crypto whales have been showing some unusual activity for some time now.

Interestingly, data provided by Lookonchain revealed that 30 newly created major crypto whales have collected 1.37 million Chainlinks (LINK) worth a total of $34.1 million over the past five days. All of these whales made their purchases through Binance.

When the data is examined, it is seen that the largest of these new cryptocurrency whales purchased $ 3.77 million. The value of the smallest purchase was measured at $ 124 thousand.

However, price data seems to be moving in the opposite direction. In the last seven days, the LINK price has lost 11% of its value. In the last month, the LINK price has increased by 32% due to the bull wave in the cryptocurrency market.

LINK reached an all-time high price of $52 4 years ago and is currently trading 53.96% lower at $24.33.

*This is not investment advice.