Chainlink Whales Reveals To Own About 25% of $LINK’s Supply

Chainlink Whales continues accumulating LINK tokens. These Whales have been accumulating Link Tokens within the decentralized oracle network Chainlink. Notably, they now own close to a quarter of LINK’s supply.

Furthermore, crypto analytics firm Santiment makes massive revelations on Chainlink millionaire addresses. More so, it States how they hold between 100,000 to 10 million LINK tokens. Also, they are accumulating these for months in order to get the largest amount. Of course, this is a historical milestone for the Network.

“🐳 #Chainlink has opened Friday by going on a price surge…”
“Millionaire addresses holding 100k to 10m $LINK own about 1/4th of the total supply now,..”
“the largest amount held in their history…”
“The 16th market cap ranked asset was last over $30 five weeks ago.” — Santiment (@santimentfeed) October 22, 2021

Furthermore, The 175-year-olçd news agency Associated Press (AP) announces providing economic, sports and elections data to Chainlink. Especially, through a new partnership deal. Notably, this will improve how data sources value smart contracts. Then, what smart contracts can achieve using AP data.

Additionally, Sergey Nazarov, co-founder of Chainlink says the network’s oracles can get new data onto blockchains. More so, this is at the rate developers can build interesting applications for users. In order, for AP’s signed data to see developers create decentralized finance applications. Which of course, includes smart contracts associated with a “wide array of previously inaccessible topics.”

Lastly, These projects and milestones bring LINK’s price to spike. Notably, In the last 12 months, LINK is up more than 140%.