Large transactions for Chainlink’s token, LINK, surged significantly by 178% in the last 24 hours, reflecting increased whale activity. This spike represents 166 million USD in transactions, resulting in heightened interest from institutional investors.
Currently, LINK trades at 11.8 USD, marking a 10.2% rise. Despite this, trading volume has decreased by 17%, indicating cautious sentiment among investors. Partnerships with PayPal and Abu Dhabi Global Market are expected to enhance adoption.
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