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Chainlink ‘Smart Money’ Might Be Pulling LINK Tokens Off Exchanges to Stake Them

Altszn.com by Altszn.com
December 6, 2022
in Blockchain, Crypto, DeFi, Web3
0
Chainlink ‘Smart Money’ Might Be Pulling LINK Tokens Off Exchanges to Stake Them
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Nansen considers a wallet to be “smart money” if it is “historically profitable,” meaning it meets at least one of several conditions, including: making at least $100,000 by providing liquidity to decentralized finance (DeFi) protocol, SushiSwap and Uniwap, excluding so-called impermanent losses; having at least more than or equal to five times in realized profits on multiple non-fungible token (NFT) collections that were minted in the last 60 months or having made multiple trades on decentralized exchanges in a single transaction that are profitable.



Read More: www.coindesk.com

Tags: ChainlinkDeFiExchangesLINKmoneyPullingSmartstakeTokens
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