Chainlink (LINK) has experienced a decline of over 8% in the last 24 hours, attributed to profit-taking after a brief rally above $16.
Stakeholders have accumulated 8.3% more LINK in the last six months, indicating a potential price reversal in the short-term.
Wallets holding between 10,000 and 10,000,000 LINK have reached an all-time high of 438.33 million LINK, demonstrating growing confidence among major investors.
Chainlink remains a leader in the development activity within the real-world assets sector, with 586 noteworthy GitHub events in the last 30 days.