According to the analytical company Santiment, "whales" continue to accumulate altcoin, despite its decline to $ 25
Despite the decline in the price of the Chainlink token to $ 25, large holders continue to accumulate altcoin. According to analyst firm Santiment, the whales have increased their investments in Chainlink by 15.2% in four months. At the moment, 167.7 million tokens worth $ 4.3 billion are stored on addresses from 1 million to 10 million Chainlink.
At the end of September, analysts reported that the whales bought $ 1.45 billion worth of Chainlink tokens after the collapse of the digital asset market that occurred in early September. On September 7, the price of bitcoin dropped sharply by 16%. As a result of the collapse of the main cryptocurrency rate, there were massive liquidations of traders' positions in the amount of more than $ 3.5 billion.
Chainlink is the first network of decentralized oracles between blockchains and smart contracts, and among its partners is the Swift payment system. Also, the coin is in the portfolio of the Grayscale investment fund.