On-chain data from Santiment reveals a surge in whale transactions, reaching levels not seen in seven months. These profits coincide with Chainlink’s impressive rally, which has climbed nearly 40% within the past week. Analyst Miles Deutscher attributes this surge to several factors. A key driver is Chainlink’s growing role connecting traditional finance systems with blockchain networks through deals like the recent one with Intercontinental Exchange to bring foreign exchange and precious metals pricing on-chain. Deutscher also highlights the launch of Chainlink Reserve, which encourages long-term holdings, and the broader trend of tokenized real-world assets. Chainlink currently holds an estimated 84% share in Ethereum’s data feed market. Increased activity from large investors has further fueled this momentum. Deutscher believes Chainlink’s run could be one of the biggest movers in the current market cycle, with its potential for significant gains potentially going unnoticed until it becomes a prominent player. It is important to remember that the information presented is purely informational and does not constitute financial advice or endorsement. Coindoo.com does not recommend specific investment strategies or cryptocurrencies. Always consult with a financial advisor before making any investments.