Within 24 hours, two Ethereum whales scoop up 337,153 Chainlink (LINK) worth over $4.82 million.
According to WhaleStats data, whales have been acquiring LINK in recent hours as the crypto market has plummeted and the LINK price has reached the important support level of $13.47 on the daily chart.
The blockchain data tracker revealed three different Chainlink purchases; the most recent LINK transaction was an Ethereum whale named “Saitama” purchasing 137,173 LINK for $1,991,751 ($1.99M). According to WhaleStats, Saitama is the 179th largest Ethereum whale.
🐋 An ETH whale just bought 99,990 $link ($1,416,858 USD).
Ranked #23 on WhaleStats: https://t.co/2do7yJzgy7
Transaction: https://t.co/xJH4HH6zWH#LINK #ERC20 #DEFI #ETH #whalestats #babywhale #BBW
— WhaleStats – BabyWhale ($BBW) (@WhaleStats) March 18, 2022
Another enigmatic whale ranked 29th in terms of ETH. Whale made two identical purchases totaling $1,416,858 ($1.41M), i.e., 99,990 LINK. The second transaction has the same amount of linkages as the first. The whale amassed 199,980 LINK in total, valued $2,833,716 ($2.83M).
During the last 24 hours, both of these top Ethereum whales have amassed a total of 337,153 LINK, worth $4,825,467 ($4.82M).
Once the price approaches its daily important support level of $13.47, the Ethereum whales appear to become active. Technically, this is the third time LINK has attempted to test this critical support level and failed. At the time of writing, the price of LINK is $14.41.