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According to a report by Lookonchain, a blockchain tracking company, a whale is accumulating a significant amount of Chainlink 
$23 (LINK) through Binance. Over the past five days, this whale has created 30 new wallets and transferred a total of 1.37 million LINK, equating to a value of approximately 34.1 million dollars. This notable activity in the Chainlink ecosystem has sparked curiosity among market participants.
Chainlink’s SVR Solution Targets MEV Losses
During this period of substantial activity, Chainlink introduced a new DeFi solution named Smart Value Recapture (SVR). The SVR aims to recover Maximal Extractable Value (MEV) losses occurring during liquidation processes. In a statement, Chainlink mentioned that SVR could recover approximately 40 dollars for every 100 dollars lost. The company emphasized that this estimate is based on real-world data and adopts a more realistic approach compared to alternative solutions.
Chainlink’s announcement stated, “While some al…
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