Chainlink (LINK) experienced a price drop to $20.1 last weekend before quickly recovering to over $23. However, this drop has extended the weekly losses to nearly 22%. 🐋
- This event has prompted many "whales" to accumulate LINK, with the number of wallets holding between 10 million to 100 million LINK increasing from 475.79 million to 479.78 million. This corresponds to purchasing over $44 million LINK, reflecting confidence in the long-term potential of LINK.
- According to Lookonchain, 9 new wallets have withdrawn a total of 362,380 LINK from Binance in the past 48 hours, worth approximately $8.19 million.
- Chainlink is leading in the real-world asset (RWA) sector, with nearly 394 GitHub events in the past 30 days, surpassing Synthetix and Dusk Foundation.
- LINK price predictions suggest it could rise over 53%, reaching $35.56 by January 2025. 🌟