$LINK

The river flows slowly...

The actions of whales related to Chainlink (LINK) are attracting significant attention in the cryptocurrency community. Here are the main factors explaining why these whales are focusing on this coin:

1. Chainlink (LINK): Confidence in long-term potential

• Strong accumulation: Over a period of 4 days, whales have purchased 1.40 million LINK, indicating confidence in the long-term value of LINK as the market is ready to enter a new growth cycle.

• Price breakthrough: LINK has risen 22% in a short time and is trading in the range of $23-$24. This indicates stable consolidation and a high likelihood of an upcoming price breakout.

• Technical indicator: LINK's crossing above the 200 EMA on the 4-hour timeframe is a strong signal for an upward trend. This instills confidence that LINK could rise an additional 20%, reaching $29 in the coming days.

• Preparing for 2025: Major events like the presidential inauguration and market outlook changes in 2025 are prompting whales to position early, ensuring they do not miss significant growth opportunities.