Chainlink’s native token, LINK, rose 13.6% over 24 hours on Monday as it led the way for a wider crypto recovery following last week’s leverage-inspired move to the downside. The CoinDesk 20 Index (CD20), a measure of the broader crypto market, added 4.2% in the same period.
On-chain analyst Lookonchain reported that 30 new wallets had withdrawn a total of 6,256,893 LINK ($116.7 million) since Oct. 11, signaling accumulation from high net worth entities.
STORY CONTINUES BELOW
Don’t miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters svg]:max-w-[theme(spacing.8)] transition-transform-colors-opacity motion-reduce:transition-none text-default-foreground data-[hover=true]:opacity-hover w-full md:w-auto bg-new-yellow”>
Trending: HOLY CRAP: President Trump Suggests Barack Obama To Be “Caught” Next!
Sign me up
By signing up, you will receive emails about CoinDesk products and you agree
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!