Chainlink Stirs As Whales Make Big Moves: 12.43% Surge Predicted

The Chainlink (LINK) market is booming. The asset is rising along with other assets. Currently, LINK is trading at $12.84, up 2% in the past 24 hours. However, it remains 75% below its all-time high of $52.88, which was reached in May three years ago. The bullish mood is currently there, and the community is hoping for a bright week ahead.

Changelly suggests that the asset is set to rise this month. LINK is expected to trend upwards in the coming days. By July 15, the cryptocurrency could rise by 12.43% to the $14.92 range. However, there are hurdles to consider. These include network developments, regulatory changes, and market sentiment.

Chain link whale makes big move

Chainlink whales have been making waves by accumulating large amounts of LINK during the asset’s recent sell-off. Earlier today, prominent market researcher Ali Martinez reported that whales had amassed a staggering 6.2 million LINK in the last week.

According to data from Ali Martinez, over the past seven days, Chainlink whales have purchased approximately 6.2 million LINK, valued at $76.88 million. This buying spree appears to have been driven by a buy-low strategy when prices dip. Usual market sentiment indicates there is hope for this cryptocurrency, with major investors believing it will continue to rise. While the asset is currently trading at significantly lower prices, change appears to be on the horizon for this altcoin.

The community is watching closely. Whale activity is a sign. They see potential in LINK and their confidence could signal a turning point. The market is waiting with bated breath. Will LINK rise as expected? The answer will become clear in the coming days.

0 Comments

Leave a Comment