Chainlink (LINK) managed to trim its week-to-date losses after going down by as much as 10% following massive altcoin price correction a couple of days ago. The crypto, trading at $7.04 according to latest tracking from Coingecko, managed to stop further price bleeding, increasing by 2.1% over the last 24-hours and lowering its seven-day decline to 5.5%. But even with its price woes that made the digital asset fall from its October 2022 high of $7.92, traders appeared to be unfazed. In fact, Santiment shared on its Twitter post that there were three social dominance spikes recorded for Chainlink. This gave the impression that while the cryptocurrency was experiencing price dip traders were on the move, paying close attention to it. Ethereum Whales Purchase Chainlink Crypto whales tracker Whalestats also shared on Twitter a development that involved the 23rd ranked digital currency in terms of market capitalization. The post indicated LINK was among the top 10 purchased tokens by the 500 biggest Ethereum whales over the last day. This happened few hours after Chainlink announced the launch of its Economics 2.0 on October 14 in line with its plans to improve and make necessary changes to its network. JUST IN: $LINK @chainlink now on top 10 purchased tokens among 500 biggest #ETH whales in the last 24hrs 🐳 We’ve also got $UMA, $DAR, $UNI, #FTX Token & $LPT on the list 👀 Whale leaderboard: https://t.co/tgYTpODGo0#LINK ...
