Chainlink Whales Acquire $76 Million in LINK – What’s Happening?

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The latest Chainlink (LINK) acquisition by whales is estimated to be worth around $76 million, per the current price level.

It appears that whales have turned bullish on Chainlink (LINK). They have been buying the dips after the recent crypto market crash. 

Per renowned crypto analyst Ali Martinez, crypto whales have bought over 6.2 million LINK coins over the last week.

💬 #Chainlink whales have snapped up over 6.2 million $LINK this past week, totaling approximately $76.88 million! — Ali

This latest LINK acquisition is estimated to be worth around $76.88 million, per the current price level. It is a notable development for the coin as it comes amid the recent crash on the broader market. Notably, the LINK price has crashed 17.17% in the last 30 days.

However, whales took advantage of this market slump. They have been aggressively buying LINK tokens at lower price levels. 

This surge in whale activity for Chainlink shows that these traders are anticipating a price rebound from the coin in the near future.

🔸 LINK Price Eyes Rebound

Amid this rising whale activity, the LINK price has also shown some strength today. After the crypto crash last week, the Chainlink price is up 3.99% today. #BTC_Bounce_Back_to_57k #Ton_Coin_Surge #BinanceTurns7 #US_Job_Market_Slowdown #BinanceTurns7