Bullish Trend: Chainlink’s Top Investors are Accumulating at a Rapid Pace

Bullish Trend: Chainlink’s Top Investors are Accumulating at a Rapid Pace

Chainlink’s price action has been rather lackluster as of late, with its price lacking a clear trend as it consolidates alongside Ethereum and the rest of the crypto market. However, there’s a strong possibility that this will soon shift as Bitcoin’s ongoing uptrend will eventually lead to a capital rotation even that causes significant inflows […]


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New research from Glassnode indicates the top 1% of Chainlink holders control nearly 81% of the token’s supply. According to crypto market data aggregator Glassnode, Chainlink’s (LINK) token distribution is at record levels of centralization — with more than 80% of LINK not held on exchanges currently residing in the top 1% of Chainlink wallets. Glassnode’s research found that 81% of LINK not held on crypto exchanges of smart contracts is currently stashed away in 125 wallets, with the number of tokens held by Chainlink’s whales steadily increasing over the past two years.When including....

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Bitrue Chooses Chainlink’s VRF to Secure Its XRP Raffle Lottery

Singapore-based cryptocurrency exchange Bitrue has announced that its daily XRP Raffle lottery will now be secured by Chainlink’s verifiable randomness function (VRF). The tool will be used to select the lottery’s string of winning numbers. Bitrue’s XRP Raffle Made Even More Secure    Starting from this week, Bitrue exchange’s daily XRP Raffle will become more reliable through the use of Chainlink’s verifiable randomness function (VRF). The top decentralized oracle provider will help Bitrue determine each of […]

Data: Synthetix (SNX) Investors Are Accumulating the Coin In Waves

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