"Whales show strong confidence in Chainlink, scooping up $44M during the dip, fueling a $165M accumulation trend over two months."

Whale investors have capitalized on the recent market downturn to acquire substantial amounts of Chainlink (LINK). On-chain analyst @ali_charts reports that these large holders have purchased over $44 million worth of LINK during this period.

This accumulation aligns with a broader trend observed over the past two months, where whales have added more than 15 million LINK tokens, valued at approximately $165 million.

Such significant investments by large holders often indicate strong confidence in Chainlink's long-term potential, especially during periods of market volatility.

As of December 22, 2024, Chainlink (LINK) is trading at $13.30, reflecting a 50% surge followed by a 15% retracement within a ten-day period.

*Note: Cryptocurrency investments carry inherent risks. It's essential to conduct thorough research and consider your financial situation before making investment decisions.*