Crypto
Chainlink Price Correction Met with Whales Buying $120M Worth of LINK
Chainlink's price has fallen sharply this month, dropping from around $13.68 to $11.29, a decline of roughly 17%.
However, despite this correction, large holders have been buying up the asset, with on-chain tracking data showing they added approximately $120 million worth of LINK over a 96-hour period.
This whale accumulation has some wondering if it may be signaling a rebound, but it's essential to note that accumulation during a decline does not guarantee a price increase.
The Federal Reserve Bank of Philadelphia's 10th Annual Fintech Conference is set for September 24 and 25, 2026, where Chainlink co-founder Sergey Nazarov will be joining a panel alongside executives from BlackRock, Vanguard, and Sharplink.