Here's Why LINK Price Spiked in 24 Hours: Details

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Here's Why LINK Price Spiked in 24 Hours: Details
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LINK price shoots up, here's what might be responsible $LINK Chainlink LINKMarines Crypto

Shark and whale addresses holding 10,000 to 1 million LINK have continued to accumulate tokens as the bear market evolved, according to on-chain analytics firm Santiment. Despite fears of contagion from the FTX implosion, Chainlink's active address numbers have risen to a one-year high.

Crypto data tracker WhaleStats recently shared that LINK was among the top cryptos that the top 5,000 Ethereum whales were holding, suggesting significant accumulation all the while. At the time of publication, Chainlink was changing hands at $6.8, up 5.63% in the last 24 hours and 11.22% in the past week. LINK ranks as 21st largest cryptocurrency, per

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