Chainlink Surpasses Dogecoin in Market Value

Chainlink’s Market Value Surpasses Dogecoin Following Whale Buying Activity

Chainlink (LINK/USD) has seen a surge in its market value, surpassing Dogecoin (DOGE/USD) by market capitalization following intense buying activity by a large-scale investor. This investor, known as a “whale,” has been actively purchasing LINK through Binance, using 55 different wallets to accumulate 4.56 million LINK tokens. The total value of these acquisitions amounts to $83.6 million over just five days. Data analytics firm Lookonchain reported this activity, stating that the whale has accumulated a total of 4,556,684 LINK from Binance via 55 fresh wallets in the past 5 days.