Chainlink’s native token, LINK, has begun to gain attention in the crypto world as it shows signs of price recovery following a significant drop in December 2024. On January 5, 2025, a prominent crypto expert announced on X (formerly Twitter) that whales have purchased 1.40 million LINK tokens in the last four days. At the same time, according to a review conducted on January 5, the three whales made a total of $21.573 million in unrealized profits with the SWARMS coin. Here are the details…
The latest data shows that Chainlink whales are active and have purchased 1.4 million LINK tokens in the last four days. These large purchases are considered as an indicator of confidence and interest as the market approaches a significant turning point for 2025. In addition, this accumulation indicates that whales are positioning themselves for 2025 and are acting in order not to miss a potential upward momentum. The 22% price increase and ongoing upward momentum experienced during this period show that investors' confidence is increasing. Experts state that LINK is consolidating in a narrow band between $ 23 and $ 24 and say that preparations are being made for a breakout. Similar increases observed in the last four days suggest that LINK could reach $ 29 in the coming days with a 20% increase. In addition, LINK exceeding the 200 Exponential Moving Average (EMA) in the four-hour time frame and closing a candle above it signals a transition to an uptrend. Currently, LINK is trading at around $23.40, up 1.20% over the last 24 hours. However, trading volume has dropped by 33.40% over the same period, indicating declining trader and investor participation.
On the other hand, according to a review conducted on January 5, three whales made a total of $21.573 million in unrealized profits with a coin called SWARM. The first whale holds 59.94 million SWARM tokens at $0.04036, making $19.92 million in unrealized profits. Another whale holds 7.15 million SWARM with an investment of $1.415 million, making $1.27 million in profits. The third whale holds 4.968 million SWARM tokens after aggressively buying $1.5 million last night, making $0.383 million in unrealized profits. These whales continue to actively accumulate, sending a strong signal about the future of the market.