Whales Scoop 100 Million ADA As Chainlink Adds 3,000 New Addresses Daily, Showing Altcoin Surge

Whales scoop 100 million ADA as Chainlink (LINK) also shows bullish signs.

ADA accumulation surges alongside LINK as Chainlink adds 3,000 new addresses daily.

Altcoin price surge expectations grow strong.

Altcoin expectations heat up and crypto market activity supports bullish altcoin price surge soon. To highlight, in under a day, whales scoop 100 million (ADA) as Chainlink adds 3,000 new addresses daily, marking the highest growth for LINK in 5 months. Over the past few days both altcoins ADA and LINK have been steadily moving upwards at promising speed, beating most other red assets in the market and outperforming BTC.

Whales Scoop 100 Million ADA as Chainlink Adds More Addresses

Expectations for altseason grow stronger as several altcoins are slowly following Ethereum’s lead and outperforming BTC. At the moment, two popular legacy altcoins Cardano (ADA) and Chainlink (LINK) have been steadily outperforming BTC over the last few weeks. To highlight, Ethereum (ETH) has been steadily outperforming BTC for a couple of months now, paving the way for altcoin to follow.

According to CoinMarketCap analytics, the price of Cardano (ADA), a very popular altcoin expected to make new ATH this bull cycle, is up by over 3% in the last 24 hours. The asset boasts a total market cap of $31,291,874,798.78 and a 24-hour trading volume of $2,041,953,177.23. The price of ADA is also over 71% away from its previous ATH of $3.1 set 4 years ago

According to the post above, a total of 100 million Cardano (ADA) was scooped by whales in the last 24 hours. This shows the incredibly high potential of altcoins and especially Cardano’s native token ADA for the coming altseason phase of the bull cycle. With ADA price still a long way from its previous ATH price, whales are taking advantage of the latest market dip to accumulate ADA in troves, leading to a slight price pump

Altcoin Expectations Surge as ADA and LINK Outperform BTC

Meanwhile, another legacy altcoin, Chainlink (LINK) is also making rapid strides in its price recently. According to CoinMarketCap analytics, the price of ADA is currently trading at $25.77% with a total market cap of $17,481,077,075.26 and a 24-hour trading volume of $2,921,876,439.15. Moreover, LINK price has gone up by over 5.4% in the last 24 hours and up by over 10.2% in the last 7 days, showing strong and steady growth

As the post above depicts, Chainlink (LINK) added 3,000 new addresses daily, marking the highest growth in 5 months. This too shows strong LINK accumulation, leading to strong LINK price growth. All in all, both LINK and ADA prices are expected to hit new ATH prices in the coming days ahead, and analysts are eager to see how far these assets will go this bull cycle, especially during the altseason peak phase.