Chainlink: Are investors taking advantage of the fear amidst LINK’s 12% decline?

In the last 24 hours, Chainlink (LINK) depreciated by 12.75%, now trading at 8.01 USD. Despite the downturn, trading volume increased by 76% to 2.02 billion USD, reflecting heightened market participation.

Investor activity diverges from bearish sentiment as LINK’s reserves decreased by 537,020 tokens. Notably, U.S. LINK ETFs saw an inflow of 1.18 million USD, suggesting accumulating interest in LINK despite the market’s bearish trends.