Chainlink Outperforms Solana, XRP Amid $4.9M Whale Purchase
Chainlink (LINK) outperforms the top 10 crypto projects by market cap. LINK is green across the board, while other cryptocurrencies, such as Solana (SOL) and XRP, are in the red zone. The asset is up 1.4% in the daily charts, 21.6% in the weekly charts, 64.6% in the 14-day charts, and 120.3% over the previous month. LINK’s price has also risen by 106.3% since December 2023. Source: CoinGecko Also Read: Bullish Prediction Puts Dogecoin’s Price at $1.48 Why Is Chainlink Rallying? LINK has witnessed an increase in whale purchases. According to LookOnChain, a whale wallet spent $4.94 million to buy 175,424 coins on Dec. 12, 2024. LINK’s price breached the $30 mark earlier today. Open interest in the project hit a high of $860 million. Whales are buying $LINK! A whale spent 1,263 $ETH($4.94M) to buy 175,424 $LINK at $28.18 in the past 5 hours.https://t.co/Wa5PUg1WpY pic.twitter.com/LoRKxcNjys — Lookonchain (@lookonchain) December 12, 2024 Also Read: 48-Hour Ultimatum: SEC’s...