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Chainlink Whales Accumulate $2.93B as LINK Recovers from Market Plunge

  • Chainlink (LINK) rebounded to $15.25 after dropping to $13.18, with increased trading volume and volatility showing strong market activity.
  • Large holders accumulated $2.93 billion in LINK, signaling confidence in its long-term potential despite market fluctuations.
  • During the recovery period, LINK trading volume reached 120 million tokens, surpassing the previous week's average of 80 million.
  • The leading five LINK wallets hold 18.15% ownership of the total supply, valued at $2.93 billion, indicating sustained accumulation activities by major holders.

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