LINK hits three-week low, but whale behavior could compel traders to…

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Chainlink was part of the top ten tokens bought by Ethereum whales However, on-chain data went against accumulation metrics Chainlink [LINK] became one of the top 10 purchased tokens by the top 1000 Ethereum [ETH] whales, as per a 10 December tweet by WhaleStats. According to the whale tracking platform, Chiliz [CHZ] also broke into the […]

showed that LINK traded at $6.92 at press time. This value represented a 5.84% decrease in the last seven days, also bringing LINK to its lowest value in the past three weeks.] in the weekly performance of the top 20 cryptocurrencies.

The Spent Coins Age Band shared a similar sentiment with the dormant circulation. At press time, LINK’s Spent Coins Age Band decreased to 87,000. This metric showed the number of tokens available relative to those spent within a given interval.

 

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