The price of Chainlink (LINK) has risen by almost 9% over the week, making it one of the most productive coins in the crypto market over the last 24 hours.
Today, it has reached its highest point since August 25th, reaching $6.34.
This has caused an uptick in the futures market’s activity with open interest increasing to $109.97 million according to data from the Coinglass platform, and the number of deployed contracts on Binance and Bybit reaching $51.82 million and $30.88 million, respectively.
The rise was attributed to more activity from average investors (sharks), who bought up to $9.6 million of LINK since the beginning of the week.
Sharks now account for 0.15% of the coins total supply and the number of profitable addresses rose to 14%, with 78% of wallets remaining unprofitable.
