Chainlink's LINK token has experienced a sharp correction, dropping 15% and falling below $25. The token has also seen volatility due to large-scale whale activities, with a large holder withdrawing over 529,000 LINK tokens worth $15.5 million from Binance. Analysts interpret this movement as a potential positioning signal, and despite short-term fluctuations, LINK's fundamentals and broader market optimism support its long-term potential. Some platforms forecast that LINK could hit $40 in January and maintain an average price of $45 by 2025.



Other News from Today