Chainlink's price has enjoyed a notable increase of 13% over the past week, peaking at $15.2. However, the asset later experienced a 10.4% pullback, currently trading at $13.37, as it mirrored Bitcoin's price corrections.
Despite this price decline, Chainlink bulls have remained undeterred, purchasing approximately $165 million worth of LINK tokens. This large acquisition by LINK whales suggests confidence in further price appreciation and potential for the asset to soar by an additional 100%.
These recent market activities reflect growing interest and strategic accumulation of LINK tokens that could drive further price upticks in the coming days or weeks.
