LINK Shoots up 30 in 5 Weeks as Chainlink Whales Load up But What is Driving Momentum? 

According to on-chain data from analytics provider Santiment posted on October 17, LINK has made 30 over the past five weeks or so.

It reported that whale wallets with 100,000 to 1 million LINK tokens “have accumulated aggressively,” with $38.5 million worth added in the past week alone. 

“Their moves are more relevant than small retail traders taking profits,” it added. 

Furthermore, LINK has added 20 over the past month, however, the yearly chart shows a lot of chops between $6 and $8.