Chainlink Whales Accumulate 8.5M LINK in Six Weeks, Driving Price Surge

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Chainlink Whales Accumulate 8.5M LINK in Six Weeks, Driving Price Surge According to a report by Santiment, a crypto market intelligence firm, large holders, known as whales, have accumulated more than 8.5 million LINK over the past six weeks.

This rise in activity is indicative of growing adoption and utility of Chainlink’s decentralized oracle network, which connects smart contracts with real-world data.

This community backing, combined with institutional interest and the network’s expanding ecosystem, has helped solidify Chainlink’s position as one of the most promising projects in the blockchain space.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Chainlink Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-26 @ 12:03:17 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 526 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22723427

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 18 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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