Whales Keep Buying Chainlink as Fresh Addresses Surge

Large investors have stepped up purchases of Chainlink. Analyst Ali Martinez reports that whales acquired over 2.5 million LINK tokens in just ten days.

At the same time the network is expanding, with roughly 1,500 new addresses appearing every day. This steady inflow of users has supported strong price moves in the past.

If demand holds, the first notable resistance lies near $16, where 16.9 million tokens were previously bought. A break above could bring the next hurdle at $17.70, backed by 22.7 million LINK.

Based on information from https://cryptonews.net