Whales have acquired over 1.4 million LINK tokens within the last four days. This significant accumulation reflects a growing confidence in the crypto market, especially as the 2025 presidential inauguration approaches, an event anticipated to impact the industry significantly. The LINK price increase by 22% further highlights the influence of these purchases.

Technical analysis indicates that LINK is consolidating in a narrow range between 23 USD and 24 USD, positioned for a potential breakout. Experts predict a possible 20% price surge, with LINK reaching 29 USD based on current trends. The Movement past the 200 EMA in a four-hour timeframe signals a potential shift towards a bullish trend.