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Giant Altcoin in Talks with the US Takes Over the Market: Most of the Supply is in Whales! - Coin Newsletter
According to Santiment data, Chainlink (LINK) gained 25% in value after a private meeting with the US government, showing an increase in social dominance, and a large portion of its supply is held by whales.
According to Santiment's data, Chainlink (LINK) has shown a 25% increase in value since March 10, increasing its social dominance in crypto social media. This rise occurred following a private meeting Chainlink had with U.S. government officials.
According to the data, wallets holding 10,000 to 10 million LINK currently hold 43.8% of the total supply. These wallets have now reached an all-time high, holding 438.33 million LINK coins. This situation reveals that Chainlink is significantly supported by large investors and that a large portion of the coin's supply is in the hands of whales.
According to the data provided by Santiment, the value of Chainlink saw a significant increase following the rise of its dominance on social media. In particular, meetings with government officials and blockchain leaders strengthened Chainlink's strong position in the market. These developments create high expectations for the future of LINK while also indicating an increase in investor interest.