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Chainlink price drops 13% despite whale accumulation of 594,998 LINK tokens

Chainlink price decline reflects market trend: Chainlink’s recent price decline to 27 USD is part of a wider cryptocurrency downturn, with Bitcoin and Ethereum also recording losses. Despite this, a notable whale has accumulated significant LINK tokens, suggesting confidence in Chainlink’s future.

Whale activity and investments signal growth: The whale’s recent withdrawals of 65,000 LINK, totaling over 1.8 million USD, highlight strong interest. Additionally, Donald Trump’s World Liberty Financial has invested over 2 million USD in LINK, amplifying Chainlink’s growing partnerships in the DeFi space.

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