During the trading session on 27 July, LINK traded above $8 due to a spike in whale transactions. LINK whale accumulation has climbed significantly in the last month. Positive funding rates suggested that more traders were placing bets in favor of the coin. During the intraday trading session on 27 July, Chainlink (LINK) led the altcoins pack with the most gains. The count of LINK whale transactions climbed to a one-year high, pushing the token to trade above the $8.3
![Chainlink [LINK] daily whale transactions count climb to its highest level in the last year](https://images.cryptocompare.com/news/default/ethereumworldnews.png "Chainlink [LINK] daily whale transactions count climb to its highest level in the last year")
