LINK Whale Activity Hits 5-Month High as Large Transfers and Holdings Surge

BitcoinWorld LINK Whale Activity Hits 5-Month High as Large Transfers and Holdings Surge Chainlink’s LINK token is seeing a notable uptick in whale activity, with on-chain data showing a five-month peak in large-value transfers.

According to analytics firm Santiment, 246 transfers exceeding $100,000 were recorded in the past 24 hours, the highest such count in five months.

This surge in large transfers coincides with an increase in the holdings of major wallets, suggesting that large investors are becoming more active in the market.

What the On-Chain Data Shows Santiment’s analysis reveals that wallets holding between 100,000 and 10 million LINK now collectively hold approximately 466.31 million LINK, representing 46.57% of the token’s total supply.