In the last 24 hours, whales have acquired 1.35 million LINK tokens. As of January 16, 2025, the LINK price stands at 20.40 USD, marking a 3.39% daily increase.
LINK is consolidating between 19 USD and 25 USD, drawing attention for a potential breakout. A strong support level at 19.15 USD may boost buying activity towards breaking the 25 USD resistance.
The rise in active addresses indicates growing adoption of Chainlink’s technology. Open Interest in futures contracts is also surging, suggesting increased trader engagement and speculation in the market.
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