Over the last four days, whales have acquired 1.29 million LINK valued at 31.15 million USD as LINK retraced to around 24 USD. This accumulation signifies growing confidence among major holders, evidenced by a resurgence beyond key resistance levels.
Record highs in network activity reveal 9,813 active addresses and 9,625 new wallets created within two days. This increase reflects rising retail engagement and may strengthen bullish momentum as new users contribute to the ecosystem.
Chainlink’s social dominance has jumped to 1.43%. With many holders experiencing significant unrealized gains (MVRV 12.77%), profit-taking is likely, yet continued whale activity may prop up prices, keeping the movement towards 30 USD feasible.
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