CandleFocus Chainlink Whales Accumulate $165 Million Worth of LINK, Suggesting Potential Bullish Trends
2024-11-13
Author: Content Editor
Chainlink (LINK) has experienced a surge in price and whale accumulation, with major holders accumulating 15 million tokens worth $165 million. This accumulation may indicate a bullish outlook on the market, as large investors position themselves for potential gains. The increased accumulation by whales has led to a 21.28% surge in Chainlink's price over the past month. Retail investors, on the other hand, have been holding onto their LINK tokens, indicating a wait-and-see attitude for future price increases. The market remains volatile, with daily charts showing pullbacks, but overall sentiment is positive for LINK's future value.
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