Maker

Wednesday

Chainlink

<img width="1198" height="799" src="https://coingape.com/wp-content/uploads/2023/11/crypto-e1702119504497.jpg" class="attachment-full size-full wp-post-image" alt="LINK and MKR Prices Surge As Whales Scoop 3,150 MKR &amp; 520,152 LINK&nbsp;From&nbsp;Binance" decoding="async" style="float:right; margin:0 0 10px 10px;" srcset="https://coingape.com/wp-content/uploads/2023/11/crypto-e1702119504497.jpg 1198w, https://coingape.com/wp-content/uploads/2023/11/crypto-e1702119504497-300x200.jpg 300w, https://coingape.com/wp-content/uploads/2023/11/crypto-e1702119504497-768x512.jpg 768w, https://coingape.com/wp-content/uploads/2023/11/crypto-e1702119504497-150x100.jpg 150w, https://coingape.com/wp-content/uploads/2023/11/crypto-e1702119504497-272x182.jpg 272w" sizes="(max-width: 1198px) 100vw, 1198px">
The LINK and MKR tokens promptly curated a torrent of speculative buzz across the broader crypto market on Wednesday following significant whale accumulations orbiting these tokens. Notably, on-chain data surfacing in the market today showcased fresh whale wallets participating in these accumulations. 
Intriguingly, aligning with the data, the wallets seem to have accumulated colossal amounts of LINK and MKR from Binance, the world’s leading cryptocurrency exchange. Moreover, the accumulations garnered significant traction among crypto market fanatics lately as they emerged amid a price jump portrayed by these cryptos. 
<h2 id="link-mkr-whale-accumulations-in-depth-report">LINK &amp; MKR Whale Accumulations: In-Depth Report</h2> 
According to the data unveiled by <a href="https://www.lookonchain.com/" target="_blank" rel="noopener">Lookonchain</a>, a platform offering on-chain metrics, two fresh whale wallets appear to have accumulated noteworthy amounts of LINK and MKR from Binance. Concerning the data, an unknown wallet, 0xE68E…, reportedly amassed 3150 MKR, worth $4.55 million, from Binance today, December 27. 
Furthermore, another unknown wallet, 0x8eAD…, withdrew 136,146 LINK, worth $2.05 million, from the same <a href="https://coingape.com/glossary/centralized-cryptocurrency-exchanges-cex/" target="_blank" rel="noopener">CEX</a> today. Meanwhile, the same wallet appears to have withdrawn another 384,006 LINK, worth $5.79 million, from Binance in recent days. 
Intriguingly, as fresh Whale addresses accumulated these tokens today, market sentiments revolving around LINK and MKR seemed bolstered. This further aligns with the recent price jump portrayed by these tokens, showcasing a boosted sense of confidence for LINK &amp; MKR among crypto traders and investors globally. 
Also Read: <a href="https://coingape.com/eu-expands-crypto-foothold-as-new-players-enter-the-digital-asset-landscape/" target="_blank" rel="noopener">EU Expands Crypto Foothold As New Players Enter The Digital Asset Landscape</a> 
<h2 id="link-and-mkr-prices-soar">LINK and MKR Prices Soar</h2> 
As of writing, the <a href="https://coingape.com/price/chainlink/" target="_blank" rel="noopener">Chainlink price</a> illustrated a marginal jump of 0.18% over the past 24 hours and is currently trading at $15.40. Moreover, this jump was further accompanied by a weekly surge of 6.88% and a monthly upswing of 7.58%. 
In addition, even the Maker price upsurged 3.35% over the past 24 hours and currently rests at $1,487.91. Just as LINK, the MKR price also showcased a weekly upswing of 12.91%, aligning with today’s whale accumulations. 
As the tokens witnessed a price ascent in recent days, followed by today’s whale saga, traders’ and investors’ confidence in the tokens mentioned above seems to have taken a bullish turn. With the tokens’ price gaining an upward momentum amid significant withdrawals, market sentiments orbiting LINK and MKR seem primarily bullish. 
Also Read: <a href="https://coingape.com/crypto-market-struggles-amid-tech-sector-layoffs-in-2023/" target="_blank" rel="noopener">Crypto Market Struggles Amid Tech Sector Layoffs In 2023</a> 
The post <a href="https://coingape.com/link-and-mkr-prices-surge-as-whales-scoop-3k-mkr-520k-link-from-binance/">LINK and MKR Prices Surge As Whales Scoop 3K MKR &amp; 520K LINK&nbsp;From&nbsp;Binance</a> appeared first on <a href="https://coingape.com">CoinGape</a>.

LINK and MKR Prices Surge As Whales Scoop 3K MKR & 520K LINK From Binance

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