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Whales acquire 1.37 million LINK as price drops 11%

In a large acquisition move, cryptocurrency whales have bought 1.37 million LINK valued at 34.1 million USD within just five days through Binance, illustrating significant market interest.

The purchases involved 30 new whale wallets, suggesting that this activity is not only driven by existing players but also attracting new participants to the LINK market, enhancing bullish speculation.

Despite a 11% price decline in the last week, LINK has experienced a 32% increase over the past month. Its current price sits at 24.33 USD, notably 53.96% below its all-time HIGH, signaling potential for future gains.

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