Good news for holder $LINK
On-chain data from Santiment shows that about 100 top LINK whales are increasing their accumulation of LINK as the price drops below the $13 mark.
In contrast to this movement, retail investors tend to sell in the context of a gloomy market and widespread FUD concerns about a new downtrend.
This accumulation reflects long-term confidence in the fundamentals of Chainlink, especially as CME Group is expected to launch Chainlink futures contracts next month, indicating increasing institutional demand.
LINKUSDT
Perp
11.97
+0.20%