At the time of writing, Chainlink is trading slightly down by 3.61% at $4.50. LINK is however notably up from the lows of $3.70 it set weeks ago.
On-chain analytics platform Glassnode noted that the number of Chainlink investors has been on a steady rise since the beginning of 2020.
Image Courtesy of Glassnode
The positivity around here is that not only growth was seen in LINK investor base, but Chainlink bulls also seem to have wooed “high end” holders otherwise referred to as Whales.
This is seen as data aggregator Santiment recently indicated a spike in the number of “high-end” token investors otherwise referred to as Whales who hold between 100,000 and 1 million LINK tokens which translate to about $478,000 and $4.78 million based on LINK recent price of $4.50.