đ $LINK Eyes $30 â Are Whales Driving the Next Move? đ
Since mid-August, Chainlink has seen massive whale accumulation: one wallet scooped 1.29M LINK (~$31M) from Binance đ°. This kind of buying can tighten exchange supply and set the stage for a potential breakout.
At press time, LINK trades near $24 after hitting $26 â showing resilience amid volatility. đ RSI sits at 63, signaling strong momentum without overheating. Key support: $22.77 & $21.20; next extension: $30.54.
đ„ On-chain highlights:
9,813 active addresses & 9,625 new wallets in 2 days â 2025 highs
Social dominance at 1.43%, indicating rising buzz & attention
Whale accumulation + growing retail engagement = bullish fuel, but watch out for profit-taking. MVRV Long/Short shows 12.77% unrealized gains, so corrections are possible if holders sell.
đĄ TL;DR: LINK looks primed to reclaim $30 as whales absorb supply and network activity hits new highs. Watch resistance around $24.77 â a decisive close could spark the next leg up.
