Chainlink Whales Accumulate 4M LINK: Bullish Sign Amidst Market Correction?

Recent Chainlink (LINK) whale activity has raised eyebrows as these large holders have amassed over 4 million tokens, a move observed in tandem with the price decline from $17.50 to nearly $14. Exchange reserves experienced a similar dip, dropping by over 6 million LINK in a week. While this indicates potential off-exchange accumulation, momentum indicators remain bearish. Despite these developments, some analysts see it as a sign of bullish anticipation for a possible price rebound.