Chainlink's (LINK) whale holdings hit an 8-month high despite an 18% price drop. Large investors see this as a buying opportunity, accumulating over 6 million tokens worth $75 million in the past week alone. Currently, they hold 21% of LINK's total supply. While sentiment remains bearish, whale accumulation suggests potential for a price rebound to $13.02.
But after everything it's a good opportunity to grab a link token at the moment.