Whales Are Accumulating These Three Altcoins: On-Chain Data Shows
Data released today by on-chain analytics accounts revealed significant investor buying in Uniswap (UNI), Chainlink (LINK), and Ethereum.
The address tracked by Lookonchain, starting with 0xC374, purchased 308,517 UNI worth approximately $2.13 million in its latest transaction. The same address’s total purchases over the last 45 days reached 1.32 million UNI, with the total value of these purchases reaching approximately $11.05 million.
Another address has been observed to accumulate LINK and Ethereum. According to on-chain analyst Ai Yi, the address 0xBA2…aB9ff spent $8.23 million on 740,000 LINK and $6.92 million on 3,046.68 ETH in the last five days. The total purchases of the two assets amounted to $15.15 million.
The total LINK balance at this address reached 787,000 tokens. According to the analyst’s calculations, with the purchases, the cost of LINK dropped to approximately $11.24, while the position carried an unrealized loss of approximately $366,000.
On the Ethereum side, Lookonchain also reported that address 0x32c6 spent approximately 19.7 million USDT and received 8,773.5 ETH. Thus, in the reports shared today, addresses focusing on a single asset as well as those accumulating both LINK and ETH stood out.
This story was originally published by Bitcoinsistemi. Read the original article.
