Chainlink Whales Buy Back, Reaching New Record Highs

Recent large-scale transfers of Chainlink tokens from Binance have fueled a surge in the LINK price, highlighting renewed buying interest from prominent investors. Notably, a whale movement saw approximately $188 million worth of LINK withdrawn from Binance, signaling strong investment strategies. This activity comes alongside growing Chainlink network activity, with CCIP transfer volume continuing its upward trend. Experts attribute this resurgence to increased demand for the Chainlink platform’s interoperability solutions. The project’s Strategic Reserves Program is also contributing to market confidence, adding to the overall positive outlook.