Chainlink’s price hit $26.40: Chainlink’s price reached $26.40, marking its highest level since January 2022. This rally boosted its market capitalization to surpass $16 billion. Such a surge is attributed to strategic movements by cryptocurrency whales, including significant LINK transfers that forecast a bullish outlook.

Whale activity boosts bullish outlook: An investor moved $9.6 million worth of LINK to AAVE, while others transferred millions to different wallets and exchanges. This whale activity suggests a strong market sentiment for LINK. Despite minimal retail FOMO, analysts predict LINK’s price may rise to $31.25 or reclaim its all-time HIGH.