Chainlink (LINK) whales have accumulated 6.3 million tokens, valued at over $135 million, during a recent price dip from $25 to $21. This accumulation aligns with Chainlink's strategic partnerships with Ithaca and Bluprynt, aimed at enhancing blockchain compliance and enabling high-frequency options on real-world assets. The price has stabilized at $21, with analysts predicting a potential rebound above $25 and a long-term target of $53 if the current trend continues. However, the altcoin remains in a consolidation pattern, with a risk of revisiting levels below $16 if the triangle pattern persists.
Chainlink Whales Acquire 6.3M LINK as Price Stabilizes at $21
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