Data shows a Chainlink whale has made a large withdrawal from Binance in the past day, a possible sign that buying may be happening.
Chainlink Has Enjoyed A Sharp 11% Surge During The Past Week
Chainlink has been among the best performers in the cryptocurrency sector during the last few days as the asset has observed some sharp bullish momentum. During the peak of this latest surge, LINK had managed to make a brief breach of the $7 level for the first time in more than a month.
Since this top, though, the token has declined a bit, as its price is now trading around the $6.7 mark. The below chart displays how the asset has performed during the past month.
Despite the retrace, though, Chainlink is still up about 11% during the past week. The only better performer among the top 20 assets by market cap is Toncoin (TON), which has massively outperformed the rest of the sector with its 24% returns in the same period.
LINK is currently sitting on the 19th spot in the market cap list, right b
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