Chainlink (LINK) has flipped the Yearn.finance (YFI) coin to become the most traded token by the 1,000 largest Ethereum (ETH) whales in the past 24 hours, WhaleState revealed. LINK token has also entered the list of most used contracts of the largest of the ETH whales in the last 24 hours. It is in ninth place. The price of the coin is up more than 8% in the past 24 hours.
LINK Coin Most Traded Crypto By ETH Whales
The top 100 Ethereum wallets are worth an average of $1.3 billion and have an average of 170,677 ETH, 149 tokens and 3 NFT.
The largest of the ETH whales has over $168 million worth of LINK coins. It makes up about 1.93% of the total holdings of the rest of the coins held.
JUST INSIDE: $LINK @chain link was turned over $YFI the most traded token in the top 1000 #ETH whales#Chain link #whalestats #babywhale pic.twitter.com/75FccGTZiw
— WhaleStats – BabyWhale ($BBW) (@WhaleStats) March 9, 2022
However, Uniswap is the most held token of the ETH Whales and the FTT coin remains the largest token by dollar value. According to WhaleStates, the largest ETH portfolios hold more than $1.4 billion in FTT coins. It makes up more than 16% of the total property. Chainlink is one of the most bought altcoins by the ETH wallets.
Chainlink (LINK) Token Drops New Announcements
Founded in 2017, Chainlink is a blockchain abstraction layer that enables universally connected smart contracts. The LINK is still accelerating and this time it goes after the WEB 3.0 adoption.
Support generating Vigilante NFTs with: @Honest_NFT on Ethereumhttps://t.co/B9x4GKi5UJ
— Chainlink (@chainlink) March 9, 2022
Aloha, a DeFi platform, has successfully integrated Chainlink Verifiable Random Function (VRF) on the Polygon mainnet. This will help Aloha create a more transparent yet exciting user experience.
Secure on-chain randomness helps smart contract developers to make transparent and fair #blockchain spell.@AlohaDefi has integrated #Chain link VRF on @0xPolygon to distribute in-game prizes fairly in the Surf Invaders game.
Learn more👇 https://t.co/PcPMUTUAyt
— Chainlink (@chainlink) March 9, 2022
LINK jumps by 8%
The Chainlink coin is up more than 8% in the past 24 hours. It is trading at an average price of $14.30, at press time, with a 24-hour trading volume of $859,833,466. According to CoinMarketCap, the LINK token ranks 23rd with a total market cap of $6.5 billion.
Source: CoinMarketCap
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About the author
Ashish believes in decentralization and has a keen interest in evolving Blockchain technology, the cryptocurrency ecosystem and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analyses. When he’s not writing, he plays video games, watches a thriller, or works out outside. Reach me at [email protected]
This post Chainlink (LINK) Flips Yearn.finance (YFI) To Become The Most Traded Token By ETH Whales
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