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Chainlink LINK Whale Activity Hits 7-Month High — Will $22 Support Hold?
Chainlink LINK Whale Activity Hits 7-Month High — Will $22 Support Hold?
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Chainlink LINK News -
Chainlink (LINK) has regained market attention as whale transactions surge to their highest level in seven months, raising questions about its ability to sustain the crucial $22 support level. Large transfers exceeding $100,000 have spiked, indicating renewed institutional interest in the decentralized oracle network.
The $22 price level has become a critical threshold, with a successful hold potentially setting the stage for a MOVE toward $25. Analysts caution that a breakdown below this support could trigger a retest of the $19 consolidation area. Traders are monitoring whale accumulation patterns, which have historically preceded major price movements.
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