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LINK Development Activity and Whale Accumulation Spikes: Report

Published 07/08/2023, 09:09
Updated 07/08/2023, 09:15
LINK Development Activity and Whale Accumulation Spikes: Report

  • Santiment tweeted that LINK has made its way onto the top 5 most developed assets list for the past 30 days.
  • The firm also noted that shark and whale addresses now hold the most coins since December 2022.
  • Technical indicators suggested that a breakout in LINK’s price may occur in the upcoming week.

Santiment, the blockchain intelligence firm, revealed in a tweet today that github development activity for Chainlink (LINK) has been notably higher this summer. Together with this high level of development activity, whale and shark addresses holding 100k – 10 million LINK now also hold the most coins since December of last year.

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