Chainlink is worth over a quarter of a billion dollars (LINKThe leading blockchain oracle,, was spotted heading towards crypto exchanges.
The analyst Ali Martinez states that in a period of 24 hours on 22nd June, traders deposited LINK into digital asset exchanges to be sold openly.
“[In 24 hours], 18.77 million Chainlink (LINK), valued at approximately $256.20 million, were sent to cryptocurrency exchanges!”
LINK is currently trading for $13,03 since tokens have been sent to exchanges.
The Ethereum Blockchain (ETHMartinez reports the largest daily jump in active addresses for smart contract platforms since March.
“Ethereum just saw its largest spike in active ETH addresses in three months, reaching a total of 617,170 active ETH addresses.”
![Image](https://fxruhanahmed.com/2/wp-content/uploads/2024/06/Over-256000000-in-Chainlink-LINK-Abruptly-Sent-to-Crypto-Exchanges.png)
This analyst is also says Based on metrics from social media, “the crowd” Ethereum is becoming more popular.
Ethereum currently trades for $3.375.
Martinez states that Bitcoin has lost its appeal among investors.
“Bitcoin is experiencing a downturn in exchange-related on-chain activity, indicating decreased investor interest in BTC and reduced network usage.”
![Image](https://fxruhanahmed.com/2/wp-content/uploads/2024/06/1719318654_227_Over-256000000-in-Chainlink-LINK-Abruptly-Sent-to-Crypto-Exchanges.jpeg)
Bitcoin has a current value of $62,265.
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Source: dailyhodl.com