100% of Chainlink Addresses Are Currently in Profit

Cointelegraph

Published Aug 04, 2020 09:55PM ET

Updated Aug 04, 2020 11:40PM ET

The recent Chainlink (LINK) rally has led to some unconventional results — 100% of its supply is “in the money” or profitable.

This metric simply represents a comparison between the asset’s current price and the price at which it was acquired. If the current price is higher, then it is “in the money”, if it is lower, then it is “out of the money”, and if it is the same, then it is “at the money”.

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