Maker

Chainlink

Coin

<ul class="news-points"> 
 <li>Chainlink exhibits strong development on GitHub, while whales accumulate high $LINK volume, signaling confidence.</li> 
 <li>Maker (MKR) faces major adoption lately; native token observes swaps by whales.</li> 
 <li>GMX attracts whale interest with a 5330 $DAI investment, indicating growth potential.</li> 
</ul> 
According to crypto trading experts, an important aspect of a trader’s buying strategy should be observing whale activity in the market and taking action based on that. A new <a href="https://www.youtube.com/watch?v=ll_T7RVD7pc" target="_blank" rel="noopener noreferrer nofollow">video</a> on Altcoin Buzz’s YouTube channel explored the top three cryptos that the whales are focusing on in recent times. These include <a href="https://coinedition.com/tag/chainlink-LINK/" rel="noopener noreferrer nofollow">Chainlink’s LINK</a>, Maker Protocol’s MKR, and GMX. 
According to Santiment, a provider of on-chain data, Chainlink has exhibited notably elevated development activity on GitHub throughout the summer season. This achievement has positioned it among the top 5 most actively developed assets. Furthermore, substantial holders possessing 100K-10M $LINK tokens, commonly referred to as whales and sharks, currently possess the highest volume of coins since December 2022. These entities have amassed over $192 million worth of LINK in less than a month. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f517.png" alt="🔗" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9d1-200d-1f4bb.png" alt="🧑‍💻" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/Chainlink?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Chainlink</a>'s <a href="https://twitter.com/hashtag/github?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#github</a> developm… 
 </blockquote> 
 </div> 
</figure> 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/link-mkr-gmx-poised-for-a-breakout-whale-activity-suggests-so/">LINK, MKR, GMX Poised for a Breakout? Whale Activity Suggests So</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

LINK, MKR, GMX Poised for a Breakout? Whale Activity Suggests So

Coin Edition

Autres articles publiés le 9 août 2023

AFRM Stock Lost 16% in a Week; Bearishness Lies Ahead?

Curve Finance Moving on With New Pool in View

Exonet and Exania: The Pinnacle of Internet Evolution

UAE Forges Partnership to Develop Blockchain-Based Carbon Credit System

Will RSG Stock Price Fall More from its 50-Day Moving Average?

Mastering PYUSD: Ultimate Guide to PayPal's Game-changing Stablecoin

Join our free newsletter for daily crypto updates!