Chainlink: Crypto Whales Triggering a New LINK Rally?
Chainlink (LINK) is up nearly 5% on Tuesday, in part thanks to the latest whale movements around the altcoin this past weekend. LINK prices have surged by 18% in just three days after retesting a critical support level near $19. The token whale activity intensified as over 1.40 million LINK were accumulated, signaling the potential for a further rally. At press time, LINK is up to $24.38. The asset is expected to bump a bit in January as “altcoin season” gets underway. Several crypto analysts see 2025 as a big year for digital assets, especially in the US. Whales seemingly agree, buying in on several top coins including Chainlink LINK. On January 5, Ali Charts, a popular crypto expert, posted on X (formerly Twitter) that whales have purchased over 1.40 million LINK tokens in the past four days. The mass purchase has led to a 20% rise for the altcoin over the weekend. On the 7-day chart, Chainlink is up 20.69% thanks to the weekend climb. According to Ali, this accumulation s...