Chainlink Sees Massive Open Interest Surge, Hints at Price Breakout

Chainlink has experienced a significant price surge over the past 24 hours, with its Open Interest increasing by 1.97% and reaching a whopping 37.30 million units. This surge aligns with bullish sentiments in the crypto market as investors anticipate a breakout for LINK. The move is fueled by increased trading volume on exchanges like Bitget, Gate.io, and Binance.