Crypto
Chainlink Whales Add $120M as LINK Trades Near Crucial Support
Whales in the Chainlink (LINK) market have accumulated roughly $120 million worth of LINK over the past few days, according to analyst Ali Charts. This buying activity follows a 17% correction from $13.68 to $11.29.
The whale's accumulation came as LINK continued trading below its September peak, reaching approximately $13.50-$13.60 on September 7 before entering a bearish reversal.
Michael van de Poppe, an analyst, sees potential buying zones around $10 and above $11.80 for Chainlink, with the latter being a target zone to reach $15 if markets avoid another breakdown.