Rally

Cryptocurrency

Percent

Time

Cryptocurrency analysis company Santiment mentioned interesting data for an altcoin in a new analysis it published.
According to the report published by analysts, the amount of supply held by Chainlink (LINK) on cryptocurrency exchanges has decreased from 23% to 21.4% in the last 30 days alone. Santiment shared that the last time such a decline in stock market supplies occurred between September 15 and October 14, and during this period, LINK experienced a 123% rally in the next 4 weeks.
Related News: <a href="https://en.bitcoinsistemi.com/what-will-happen-to-bitcoin-and-cryptocurrencies-if-kamala-harris-is-elected-us-president-here-is-the-latest-information-from-insiders/" target="_blank" rel="noopener noreferrer nofollow">What Will Happen to Bitcoin and Cryptocurrencies if Kamala Harris is Elected US President? Here is the Latest Information from Insiders</a>
On the other hand, well-known cryptocurrency analyst Ali Martinez spoke similarly about Chainlink in his statement. According to the analyst, cryptocurrency whales have been in a LINK buying cycle for the last three weeks.
According to Martinez's data, the whales in question accumulated 8.46 million LINK in three weeks, which corresponds to approximately 118.44 million dollars.
However, in his other statement, Ali Martinez claimed that Solana ETFs may be next after the Ethereum Spot ETFs were approved by the SEC minutes ago.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/santiment-commented-the-last-time-this-metric-was-seen-in-this-altcoin-there-was-a-123-percent-rally-in-4-weeks/" rel="noopener noreferrer nofollow">Santiment Commented: “The Last Time This Metric Was Seen In This Altcoin, There Was A 123 Percent Rally In 4 Weeks”</a>

Santiment Commented: “The Last Time This Metric Was Seen In This Altcoin, There Was A 123 Percent Rally In 4 Weeks”

Bitcoin Sistemi EN

Other articles published on Jul 23, 2024

Analysts: Don’t short BTC before Trump’s Bitcoin 2024 Conference – Why?

Kraken Custody Services Now Support Clients in the UK and Australia

Vitalik Buterin discloses Circle STARKs to boost blockchain security

Marathon Digital Pays $139 Million Fine In Contract Breach, MARA Stock Tanks 2.5%

Mt. Gox Transferred a Large Amount of Bitcoin (BTC), Price Dropped!

Marathon Digital Hit with $138M Fine for Contract Breach

Join our free newsletter for daily crypto updates!