Whale activity driving interest in Chainlink, LEND and ZRX
coinjournal.net
While Bitcoin and Ethereum prices go into a brief lull, Chainlink, Aave and 0x have seen an uptick thanks to massive accumulation by whales DeFi tokens like Compound’s COMP and Balancer’s BAL over the past week have each seen huge price surges to make decentralized finance and yield farming the new craze among Ethereum-based tokens. However, data also shows that a spike in the prices of several ERC-20 tokens is aided by a massive accumulation spree by whales.
According to analytics platform, Santiment; Aave, Chainlink and 0x prices have all increased over the past several weeks, thanks to whale activity. LINK/USD spiked more than 10% on Wednesday to see the token’s price hit a new all-time high.
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