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Chainlink LINK Whales Amass $150 Million as Market Rebounds
Chainlink LINK Whales Amass $150 Million as Market Rebounds
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Chainlink LINK News -
Chainlink (LINK) has surged 29.75% in the past week, outpacing broader market gains as whale activity signals bullish sentiment. Analysts note a striking pattern: large holders acquired 8.10 million LINK worth $150 million during both the late-July dip and subsequent recovery.
The accumulation spree—primarily by wallets holding 100,000 to 1,000,000 LINK—suggests institutional players anticipate further upside. Historically, such concentrated buying precedes major price movements. Unlike typical profit-taking behavior, these investors continued stacking LINK even as prices rebounded above $20.
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