Speculations about a Chainlink (LINK) rally are now emerging following the recent surge in whale detection of Chainlink tokens.
The last two months have seen large holders, or “whales,” buy over 15 million LINK tokens worth around $165 million.
#Chainlink whales have accumulated over 15 million $LINK over the past two months, valued at around $165 million! pic.twitter.com/6QJBGY7xA5
— Ali (@ali_charts) November 13, 2024
This uptick in whale activity could mean that big players are betting on the market to go up. Often, such moves involving large amounts tend to affect price trends.
As the whales stacked up, Chainlink increased in value by 21% over the past month, outperforming many other crypt assets.
The rally has pushed LINK to a trading price of roughly $13.37, quite high from its lows of late.
Chainlink (LINK) Technical Analysis: Signs of Continued Momentum
For a closer look at its potential for sustained growth an in-depth analysis is required. LINK’s p
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