Anaisomari
Sunday, May 28, 2023
Ledger - Crypto Beginners Pack
  • Crypto News
  • Bitcoin
  • Ethereum
  • NFT
  • DeFi
  • Blockchain
  • Metaverse
  • Altcoin
    • Tether
    • Solana
    • Binance Coin
    • Dogecoin
    • Polkadot
    • Terra
    • Cardano
    • Safemoon
    • Avalanche
    • Chainlink
    • Shiba Inu
    • Litecoin
    • Bitcoin Cash
  • Live Rates
  • Shop
No Result
View All Result
  • Crypto News
  • Bitcoin
  • Ethereum
  • NFT
  • DeFi
  • Blockchain
  • Metaverse
  • Altcoin
    • Tether
    • Solana
    • Binance Coin
    • Dogecoin
    • Polkadot
    • Terra
    • Cardano
    • Safemoon
    • Avalanche
    • Chainlink
    • Shiba Inu
    • Litecoin
    • Bitcoin Cash
  • Live Rates
  • Shop
No Result
View All Result
Anaisomari
No Result
View All Result

Chainlink holders buyback $93 million worth of LINK following continual gradual incline

September 22, 2022
in Chainlink
0

  • Chainlink has been noting continuous accumulation since the beginning of September following a massive sell-off days before.
  • The price decline has left over 75% of all Chainlink investors in losses.
  • Despite repeated lower lows formation, LINK is naturally maintaining a consistent uptrend which began in June.

Chainlink, impacted by the broader market trend, noted repeated fluctuations in price over the last four months. However, standing apart from other cryptocurrencies, LINK is at least a little above its lows of June and July. This is possible thanks to its holders, who have been maintaining a bullish stance towards the crypto.

Chainlink poised for a comeback

Since the beginning of the year, there have been all but only two instances of unprecedented and immediate sharp selling, and both of these took place during moments of unforeseen crashes. 

The first one took place back in June when the entire market crashed and LINK holders sold over 10 million LINK tokens in a week. The second and most recent instance occurred towards the end of August when in a single day, about 17 million LINK worth $117 million were sold by investors.

Depleting supply of Chainlink in exchanges

Following the crash, the price recovery has been slow and, at many times, disappointing, but the gradual accumulation has led to the investors reclaiming about 13.5 million LINK tokens worth about $93.15 million.

Interestingly accumulation isn’t the only constant occurrence, as, despite the consistent formation of lower lows, LINK is maintaining its broader market uptrend.

As visible on the chart, after creating a local top last month, LINK noted a 25.87% dip again. This brought the price from $9.3 to $6.9, which is still above the June lows of $5.9.

Chainlink 24-hour price chart

But the wait continues

Although LINK might appear to be in an uptrend, its effects are yet to be seen on its 686k investors as only 23% of investors still enjoying profits since May. 

Chainlink investors in losses

This situation can only be turned around when LINK makes it to $20, which in the past has been the price point at which at least 50% of all investors were in profit.

This news is republished from another source.


Previous Post

Shiba or Safemoon Next? Risu Token, A Web3 Initiative

Next Post

Avalanche Integrates Layer-2 Scaling Solution Boba Network

Next Post

Avalanche Integrates Layer-2 Scaling Solution Boba Network


Name Price
bitcoin
Bitcoin (BTC)
$27,151.00
ethereum
Ethereum (ETH)
$1,848.07
USDEX
USDEX (USDEX)
$1.08
tether
Tether (USDT)
$1.00
binancecoin
BNB (BNB)
$308.06
usd-coin
USD Coin (USDC)
$1.00
ripple
XRP (XRP)
$0.472590
cardano
Cardano (ADA)
$0.373733
staked-ether
Lido Staked Ether (STETH)
$1,843.70
dogecoin
Dogecoin (DOGE)
$0.072834


Crypto News

Blue Wallet: The Cryptocurrency Wallet Now Available Cross Platform – Digital Journal

May 28, 2023

Ethereum to break $2K, Tradecurve a new hybrid exchange shows … – Crypto News Flash

May 27, 2023

Q3 Investment Opportunities | Bitcoin, Ethereum and DogeMiyagi – Euro Weekly News

May 27, 2023

Bitcoin

Cryptocurrency Price Today: Bitcoin Remains Above $27,000 Mark As Neo Becomes Top Gainer – ABP Live

May 28, 2023

No Result
View All Result

Pages

  • Latest Crypto News
  • Live Rates
  • Privacy Policy
  • Shop
  • Terms of Service

Tether

This Week in Coins: Bitcoin and Ethereum See Fourth Flat Week as TRON and Tether Surge – Decrypt

May 28, 2023

Solana

Dogecoin and Solana Set to Break Crucial Resistance Level; Will … – Crypto News Flash

May 28, 2023

Solana (SOL) Receives a Neutral Rating Saturday: Is it Time to Get on Board? – InvestorsObserver

May 27, 2023

Advertisement

  • Latest Crypto News
  • Shop
  • Privacy Policy
  • Terms of Service

© 2022 Anaisomari.com

Knife Sharpening in North Vancouver

No Result
View All Result
  • Crypto News
  • Bitcoin
  • Ethereum
  • NFT
  • DeFi
  • Blockchain
  • Metaverse
  • Altcoin
    • Tether
    • Solana
    • Binance Coin
    • Dogecoin
    • Polkadot
    • Terra
    • Cardano
    • Safemoon
    • Avalanche
    • Chainlink
    • Shiba Inu
    • Litecoin
    • Bitcoin Cash
  • Live Rates
  • Shop

© 2022 Anaisomari.com

Knife Sharpening in North Vancouver

  • bitcoinBitcoin(BTC)$27,151.001.52%
  • ethereumEthereum(ETH)$1,848.070.85%
  • USDEXUSDEX(USDEX)$1.080.27%
  • tetherTether(USDT)$1.00-0.04%
  • binancecoinBNB(BNB)$308.060.38%
  • usd-coinUSD Coin(USDC)$1.00-0.02%
  • rippleXRP(XRP)$0.4725900.03%
  • cardanoCardano(ADA)$0.3737332.36%
  • staked-etherLido Staked Ether(STETH)$1,843.700.76%
  • dogecoinDogecoin(DOGE)$0.0728341.80%
  • matic-networkPolygon(MATIC)$0.930.69%
  • solanaSolana(SOL)$20.474.96%
  • tronTRON(TRX)$0.0771891.53%
  • polkadotPolkadot(DOT)$5.371.84%
  • litecoinLitecoin(LTC)$89.801.96%
  • binance-usdBinance USD(BUSD)$1.000.03%
  • shiba-inuShiba Inu(SHIB)$0.0000092.63%
  • avalanche-2Avalanche(AVAX)$14.711.84%
  • daiDai(DAI)$1.000.03%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$27,141.001.39%
  • uniswapUniswap(UNI)$5.071.08%
  • chainlinkChainlink(LINK)$6.502.33%
  • leo-tokenLEO Token(LEO)$3.510.00%
  • cosmosCosmos Hub(ATOM)$10.610.29%
  • ToncoinToncoin(TON)$1.941.66%
  • okbOKB(OKB)$47.030.48%
  • moneroMonero(XMR)$152.080.49%
  • ethereum-classicEthereum Classic(ETC)$18.291.63%
  • stellarStellar(XLM)$0.0885390.43%
  • bitcoin-cashBitcoin Cash(BCH)$114.380.86%
  • internet-computerInternet Computer(ICP)$4.940.58%
  • true-usdTrueUSD(TUSD)$1.00-0.02%
  • filecoinFilecoin(FIL)$4.542.07%
  • lido-daoLido DAO(LDO)$1.990.27%
  • hedera-hashgraphHedera(HBAR)$0.0525340.06%
  • AptosAptos(APT)$8.311.98%
  • ArbitrumArbitrum(ARB)$1.203.40%
  • crypto-com-chainCronos(CRO)$0.0604380.45%
  • nearNEAR Protocol(NEAR)$1.653.43%
  • quant-networkQuant(QNT)$101.780.61%
  • vechainVeChain(VET)$0.0203264.98%
  • GGTKNGGTKN(GGTKN)$0.107656-6.28%
  • apecoinApeCoin(APE)$3.261.02%
  • algorandAlgorand(ALGO)$0.1520340.63%
  • the-graphThe Graph(GRT)$0.1213052.21%
  • paxos-standardPax Dollar(USDP)$1.000.01%
  • fraxFrax(FRAX)$1.000.10%
  • EdgecoinEdgecoin(EDGT)$1.000.00%
  • eosEOS(EOS)$0.924.27%
  • the-sandboxThe Sandbox(SAND)$0.532.26%