Chainlink: Ethereum whales lend LINK a helping hand but…

, the transaction value was very far away from ETH itself. While ETH’s value was as high as $727,677, LINK was a paltry $608.

Despite the helping hand, LINK did not seem to be motivated in all aspects. A look at its on-chain metrics showed that although LINK improved across its network activity, there was a decrease in some other parts. According to Glassnode, active addresses that were around 1,422 on 10 September hadThe ETH whales activity increase was also evident in its total transfer volume.

that LINK’s transfer volume was five times more than it was two days back. While it was $3.28 million on the date mentioned, the transfer volume increased to $16.29 million at press time.However, these upticks did not come without their own challenges. The other parts failed to follow the increased total NFT trades count.data, LINK’s total NFT trades decreased to two. Similarly, the volume with more than $100,00 NFT transactions went down from $470,000 to $107,000.

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