The native cryptocurrency of the decentralized Oracle network Chainlink, LINK, has experienced a 7.5% drop in price during Wednesday's market session. However, the coin has shown resilience with a bull-flag pattern and increased whale activity. Chainlink has attracted significant interest from key stakeholders and large investors, with on-chain data showing a high number of daily transactions exceeding $100,000 and a spike in active wallets. This increase in whale activity and engagement suggests a bullish outlook for the coin. Despite the recent selling pressure, the chart setup indicates a temporary pullback before a potential rebound, with a target of $31 and $40.



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