Neutral
Chainlink (LINK) sees 17% price correction; whales accumulate $120M in LINK
Over the past week, Chainlink (LINK) experienced a 17% price correction, dropping from $13.68 to $11.29. During this period, large investors accumulated approximately 10.36 million LINK tokens, valued at around $120 million, indicating potential confidence in a rebound.
Key points
- Chainlink's price corrected by 17% from $13.68 to $11.29 over the past week.
- Whales accumulated about 10.36 million LINK tokens (~$120 million) in the past 96 hours.
- Analysts suggest key entry levels at $11.80 and $10, with a near-term target around $15.
Sources
AI-generated from public news sources. Not financial advice.
