Following the market-wide correction, the price of Bitcoin and most major altcoin projects tumbled close to 10% in a sell-off where long trades were liquidated. The latest WhaleStats data shows that Polygon (MATIC) and Chainlink (LINK) are among the 10 most traded cryptocurrencies amid the prevailing selling pressure. Let’s take a look at the latest whale activities.
Altcoin whales continued million purchases
Kriptokoin.com as Ethereum whales 838,229 $21,718,997 We transferred million LINK purchases. The whale made eight massive transfers in the process, six of which were made by the 35th largest whale WhaleStats has ever watched. The third-largest Ethereum whale also bought 2,000,000 MATICs worth $4,840,000 in two transactions in another large transaction. The most recent whale activity was recorded by Ethereum whale, ranked 293rd according to WhaleStats, with 1,239,999 MATIC worth $2,951,199.
- Currently, Chainlink (LINK) is the most popular whale altcoin according to WhaleStats data. Uniswap is the most widely held token and Shiba Inu holds the largest dollar position.
https://twitter.com/WhaleStats/status/1478761347257143300
Let’s have a look at the price movement list
Chainlink had a productive 2021 and entered the new year with a profit rate of 41%. It made a positive start to 2022 by touching $27.50 in January. The declines were strengthened by the cool statements of central banks or governments, during which Polygon (MATIC) fell to $2.02. MATIC recorded its ATH level of $2.92 in mid-2021. It currently continues to trade in an ascending channel despite the recent drop.
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