Chainlink Surges 14% as Whales Acquire $116M in LINK Tokens Amid Strategic Partnerships
Chainlink’s native cryptocurrency, LINK, experienced a significant bullish movement, climbing approximately 13.6% within a 24-hour timeframe this Monday. This impressive rally outpaced the broader crypto market, with the CoinDesk 20 Index (CD20), a benchmark tracking major digital assets, increasing by 4.2% during the same period. On-chain analysis firm Lookonchain highlighted a notable trend of accumulation by large investors, revealing that since October 11, 30 new wallets have collectively withdrawn over 6.25 million LINK tokens from exchanges, valued at around $116.7 million. This activity suggests intensified interest and buying pressure from high-net-worth holders, sometimes referred to as “whales.” Contributing to the












