According to WhaleStats, Chainlink has become one of the most popular Ethereum tokens over the past 24 hours. According to the latest data, Chainlink currently accounts for 1.21% of all holdings, which in total gives 259,571,965 US dollars, at whale-level addresses. Shiba Inu remains the largest token position in dollar terms, as it accounts for 8.52% of holdings, or 1,817,665,171 US dollars. Ethereum whales have been buying and selling LINK for the past 24 hours, as the coin is among the top 10 tokens bought and sold according to WhaleStats metrics. Chainlink steadily continued its decline from the November 11 highs of $38.32 to the lows of $16.72 during the December 4 market sell-off. Currently, the price is consolidating around the $20 mark, due to the fact that investors are looking for information about further actions. The decentralized blockchain has still fallen by more than 60% from a record high on May 10 at $52.88. Whales usually use periods of recessions or macro-consolidation to accumulate their favorite tokens. The accumulation phase of the market cycle signals price alignment when the market bottoms out after a recent high. Despite the sluggish price dynamics, Chainlink remains one of the most integrated networks. Also, I would like to note that recently, the AccuWeather weather forecast source announced the launch of a node on Chainlink. Chainlink traded with an increase of 4.06% for the day to $ 20.30, ranking 20th among cryptocurrencies by market capitalization. #LINK #SHIB #ETH Largest Gainers:
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