Whale investors in Chainlink have accumulated over 4 million LINK tokens in the past two weeks, even as the token's price has faced downward pressure. These whale wallets, holding between 100,000 and 1,000,000 LINK, have been active despite the token trading between $14.20 and $15.40, with resistance noted around $15.
Historical patterns in Chainlink's price cycles indicate a potential breakout near the $10–$12 demand zone. The recent divergence between whale holdings and the token's price has often been a precursor to recovery phases, suggesting possible future price movements.
Chainlink Whales Amass 4 Million LINK Despite Price Dip
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