Large coin holders have seriously replenished their wallets. According to the analytical tracker, an unnamed whale recently made major purchases of LINK. He spent 1,757 stETH, equivalent to $3.3 million, to purchase 411.14 thousand LINK at an average price of $8.06.

The researchers noted: this large-scale purchase was not an isolated one. The same large holder spent about $500 thousand to buy 65.72 thousand LINK at a price of $7.61 a few days earlier, namely on July 20, 2023.

According to numerous participants of the cryptocurrency community, these actions should be a direct signal about the future growth of virtual currency quotes.