Whale Activity Fuels Surge: Chainlink & FF Show Strong Accumulation Amidst Cryptocurrency Market Correction

The cryptocurrency market experienced a significant downturn on Friday, October 10th, leading to one of the largest liquidations in history. This volatility has sparked both panic selling and opportunistic buying amongst investors. Despite the market’s drop, whales are strategically accumulating in two specific altcoins: Chainlink (LINK) and Falcon Finance (FF). 30 wallets have withdrawn a staggering $117 million worth of LINK from Binance over the past ten days according to Lookonchain, a data platform tracking whale activity. This large-scale withdrawal suggests a bullish signal as whales are actively accumulating LINK in anticipation of future gains.