๐โจ Chainlink (LINK) Sees Whale Surge with $44M Purchase Amid Price Dip! ๐๐
Chainlink (LINK) has bounced back from a 22% weekly dip, climbing back above $23, as whales flood the market with massive purchases:
๐ Whale Accumulation Highlights
Massive $44M Investment: Large wallets (holding 10Mโ100M LINK) have increased their holdings from 475.79M to 479.78Mโshowing growing confidence in LINKโs future.
Binance Withdrawals: In just 48 hours, 9 fresh wallets withdrew 362,380 LINK tokens (~$8.19M), further solidifying bullish sentiment.
๐ Market Sentiment and Predictions
Fear & Greed Index: Currently at 70 (Greed), suggesting market optimism.
CoinCodex Forecast: LINK is predicted to soar 53%, potentially reaching $35.56 by January 2025.
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๐ฅ Why It Matters
With World Liberty Financial (WLFI) backing LINK, and increased whale activity, thereโs rising belief in LINKโs long-term potential. This recent surge signals confidence from the big players in the crypto world.
๐ก Pro Tip: Watch for a potential breakout at $25โbullish momentum is on the rise!