Whale Investor Accumulating Chainlink?… 50 Billion Won Worth of Chainlink Withdrawn from New Wallets

Chainlink (LINK) has launched a new decentralized finance (DeFi) solution, and a whale investor appears to be accumulating Chainlink tokens.

On the 25th (local time), The Daily Hodl reported, citing data from Lookonchain, that a whale created 30 new wallets to accumulate Chainlink tokens worth $34.1 million (approximately 50 billion won) from Binance.

The reason this whale movement is attracting attention is that Chainlink recently launched a new DeFi solution.

On the 23rd, Chainlink announced on its official blog the launch of a new feature called Smart Value Recapture (SVR). Chainlink's SVR sells the right to generate revenue from Chainlink Oracle's price feeds through a MEV (Maximum Extractable Value)-share auction method, allowing the revenue to be returned to DeFi users.

Image=Lookonchain X