Chainlink (LINK) shoots to $8 amid high whale activity

Over the last weekend, oracle service provider Chainlink (LINK) made a strong move rallying all the way to $8. As of now, LINK is trading at a price of $8.12 with a market cap of nearly $4 billion.

The LINK price rally over the weekend came on the backdrop of strong whale activity. As per on-chain data provider Santiment, Saturday saw 33 different LINK transactions exceeding a value of $1 million. This was the highest whale activity day since June 27th.