The Good And The Bad Vibes 😈
Analysts over at Santiment noticed Chainlink pulled in around 1,249 fresh addresses daily over the past four weeks ending October 6 versus 1,225 before September 1. That is less than a 2% bump even while the token itself surged almost 25% in the same window. It is wild compared with Solana where new addresses jumped 33% alongside a 20% price run. Ethereum stayed pretty flat like LINK but ETH only gained a modest 11% during that stretch. Remember this metric only tracks LINK on Ethereum mainnet and misses anything bridged via CCIP plus holdings in ETFs tho. Chainlink has dropped tons of hype and price vibes yet new on-chain wallets have not really exploded at all. The count of non-empty LINK wallets slipped down to 912,020 right as the price hit a multi-month peak above $15 which means some smaller holders cashed out profits along the way.LINK Takes A Slide Down 📉
LINK got rejected hard at $15.80 and the past day has been rough with the token dropping to $13.40 now. Besides the overall market dip another reason popped up from on-chain lens showing GSR moved another 303,010 LINK straight to Binance after grabbing them from a Gnosis Safe. That marks the second big transfer in recent days pushing the total past 578,000 LINK worth roughly $8.25 million. Moves like these can crank up immediate sell pressure fast.Just another echo from the void by iconofsin.eth 💖
Maybe you like what i'm doing here and wanna support me via the ethereum blockchain: iconofsin.eth 💖
