$LINK A recent move by a major on-chain holder is worth a look.
Whales have scooped up around 14 million LINK over the past three weeks, but exchange reserves are still holding near 124 million, with no noticeable increase.
Also, Bitwise’s CLNK has seen no net outflows in the month since its launch.
There’s been movement on the regulatory front too, with the CFTC’s CEO continuing to push for clearer regulatory guidelines.
But what I’m really waiting for is:
When will the validators on AWS actually go live?
Money is flowing in, and institutional products are holding steady, but in the end, it comes down to whether the infrastructure can actually be put in place.
So for now, I’m in no rush to chase the LINK trade.
I’ll wait for the validators to go live, then see whether the money keeps following.#LINK
Whales have scooped up around 14 million LINK over the past three weeks, but exchange reserves are still holding near 124 million, with no noticeable increase.
Also, Bitwise’s CLNK has seen no net outflows in the month since its launch.
There’s been movement on the regulatory front too, with the CFTC’s CEO continuing to push for clearer regulatory guidelines.
But what I’m really waiting for is:
When will the validators on AWS actually go live?
Money is flowing in, and institutional products are holding steady, but in the end, it comes down to whether the infrastructure can actually be put in place.
So for now, I’m in no rush to chase the LINK trade.
I’ll wait for the validators to go live, then see whether the money keeps following.#LINK
