Bitcoin, which experienced a decline after the FED decision announced on Wednesday and Powell’s statements, continues its horizontal movement at $ 26,000.
While the general atmosphere in altcoins is similar to BTC, some altcoins become the focus of whales.
One of them was Chainlink (LINK).
At this point, Lookonchain said that there were a total of 81 new wallets created on September 15, and these wallets started receiving LINK from Binance on September 18.
Accordingly, these wallets purchased 4.7 million LINK from Binance, worth a total of $ 31.58 million.
“There are a total of 81 new wallets created on September 15th and started withdrawing LINK from Binance on September 18th.
And these wallets have withdrawn a total of 4.7 million LINK ($31.58 million) from Binance so far.”
In addition to whale purchases, LINK analysis also came from analyst Michael van de Poppe, who is closely followed by investors.
Poppe points out that the $6 level is an important buying opportunity for LINK.
LINK continues to trade at $6.74 at the time of writing.
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/whales-are-collecting-from-this-altcoin-31-million-dollar-purchase-in-4-days/