Blockchain oracle resolution Chainlink LINK/USD noticed an enormous uptick in on-chain exercise after being listed on Robinhood Markets Inc HOOD.
What Occurred: As per knowledge from Benzinga Pro, LINK rallied as a lot as 11% on June 28 after information of its Robinhood listing.
LINK has since misplaced most of those positive aspects, however on-chain knowledge from Santiment reveals that the cryptocurrency broke a 5-year report on Tuesday.
#Chainlink noticed a light -4% drop alongside the #altcoin pack. Nonetheless, one factor stood out… 80.8M cumulative distinctive $LINK moved addresses Tuesday, breaking a 5-year report. Its opening buying and selling days in September, 2017 had been the one time we have seen extra. https://t.co/DfBFKRZdMs pic.twitter.com/HMVLXAjrQI
— Santiment (@santimentfeed) June 29, 2022
A whopping 80.8 million LINK tokens had been moved on the day – the most important quantity because the asset was first listed in September 2017.
See Additionally: HOW TO BUY CHAINLINK (LINK)
At press time, LINK was buying and selling at $6.40, down 9% from Tuesday’s intra-day excessive of $7.11. The asset is buying and selling 87% under its all-time excessive of $52.7 seen in Might 2021.
Different main cryptocurrencies had been additionally buying and selling decrease over the identical interval. Bitcoin BTC/USD was buying and selling at $20,294, down 2.07% and Ethereum ETH/USD was buying and selling at $1,146, down 2.91% over 24 hours.
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