Chainlink Whales Accumulate Massive Holdings, Driving Price Rally

A recent surge in Chainlink (LINK) token holdings by prominent cryptocurrency investors has sent shockwaves through the market, sparking a 17% price increase over the past week. This remarkable rise comes on the heels of $36 million worth of LINK tokens being amassed by crypto whales, fueling bullish sentiment and driving significant gains for the asset. While there was a brief dip of around 3.7%, analysts suggest that Chainlink’s large-scale accumulation combined with recent price increases could propel the token towards the $20 mark in the near future.