Whales Buy $31 Million in Chainlink amid Price Dip

A recent price dip for Chainlink (LINK) saw significant whale activity, with over 1.38 million LINK tokens being purchased by these large investors. This action has led to a drop in LINK’s exchange reserves and raised speculation of a potential bull run. 💰 Analysts are observing a shift in market dynamics as whales withdraw their holdings from exchanges, potentially impacting the future supply of LINK. 📉 The Chainlink Foundation and major whale wallets remain silent regarding the recent acquisition, leaving analysts to speculate on the implications for the cryptocurrency’s price.