Lookonchain: $LINK surges, who is behind it? How do whales and smart money operate?
Written by: Lookonchain
Compiled by: Shenchao TechFlow
In the past two days, the price of $LINK has skyrocketed. Who drives the price increase of $LINK ? What have whales and smart money been doing lately? In this article, Lookonchain, an on-chain data analysis agency, takes you behind the scenes of the $LINK surge.
We note that during the $LINK price increase, South Korean exchanges Bithumb and Upbit acquired a cumulative $940,000 $LINK (valued at $9 million).
The price increase of $LINK has a lot to do with Bithumb and Upbit.
Bithumb has halted acquisitions and transferred 220,000 $LINK ($2.05 million) 2 hours ago. Subsequently, the price of $LINK also started to fall from its highest point.