How many link are left in circulation? I heard that most of the top wallets are not selling and there's only x amount left. Any idea how many that is? Also, the volumes dropped off so I'm assuming most of the whales are done accumulating.
People are still interested in link EOY, confirmed. Strap in boys
Elijah Thomas
can total link in circulation be estimated based off the daily volume? 24 hour volume on binance was about 1.45MM link and on huobi it was about 263k link
Charles Ortiz
Uhh 350 million and the devs wallet are all in corculation. It’s not out of circulation when they can sell whenever they want.
etherscan only shows top 1000, which begins at about 37k
Juan Gray
1 billion. IDK why the fuck CMC agreed that dev wallets dont count for some reason. There is no legal, physical or technological mechanism stopping them from selling. Dev wallets are part of supply.
Mason Cooper
kek after posting i looked at other threads and was asking myself which post might have gotten it
Basically the most bullish post out of all chainlink threads and posts
Christopher Cook
I'm such a poorfag with my 5k shitstack.
Jeremiah Baker
the largest wallets are getting fatter. and the pennant in the 1 day chart is getting narrower. all the poorfags here think they're going to time the market not realizing the people with these wallets could swallow the entire buy side of the orderbook whole whenever they want and will once we get close enough to the end of the pennant. either they gobble them up or another whale will and there's only so many cheap LINK to go around.
Henry Robinson
use ethplorer
Austin Diaz
How do you determine your rank ?
Ethan Hughes
...
Ryder Robinson
Top 500 wallets have been basically just growing over the last 2 months. A little stagnant lately, but obviously the entire crypto market has been. If you aren't stacking LINK now, you won't be able to soon. You will need 100k by fall to be a top 500 wallet. And yes, this doesn't count what's on exchanges. This is the best thing to go by though as these are holders.
The top 100 wallets hold about 80 to 85% of the supply. Soon it will not be easy to get, which is good for us hodlers. Hodl tight all, we are gonna make it. Very bullish IMO.
Same with me and the top 300. I hold about 127k and that put me in the 290ish range until the last couple weeks. Now I’m around 305. Gonna go all in when the time is right which should put me closer to the top 200
Oh it’ll be easy to get cheap link when the remaining 2/3 get dumped into circulating supply, I’m not worried about missing out on cheap link
James Ortiz
Not even close to that but broke into the top 1000, my question is .. is 42K enough to make it?
Noah Jones
shut up pajeet. know your place.
Jason Foster
You could be right user, but IMO by the time that gets moved into circulation there will be mass usage, and it will not be as easy to get or as cheap as you are thinking.
Jeremiah Stewart
Aww the nolinker is salty
Thomas Sanchez
That's the thing though. They won't be dumped anywhere. They will be locked up in contracts. Sergey will give these LINKs to big players so they don't have to buy his shitcoin. It's perfect. The value of LINK is then proven and we go to $1000. These institutions are then incentiviaed to pump the LINK coin because they already own them. The less they have to buy to lock up in contracts the better. It's perfect. Sergey is a genius.
Bentley Peterson
Plenty depending on your definition of the phrase. 100 dollar Link will give you 4 million, 1k Link will be 40 million. Depends how strong your hands are
Actually circulating supply is more than the claimed 350 mil because one of the advisors w/ 50 mil started selling and end up selling 15 mil. So circ supply is actually 365 mil.
Wyatt Torres
Hey fren. Good to see you again. I'm loving your commitment. I also have a little more on the sidelines for when the signal comes in :) It never feels like I have enough (65k as i missed the bottom). But still got those comfy feels plus another 2 decent holds in my portfolio. Hope squirrelbro is holding up, anyone heard from him?