ChainLink LINK Price Surges 14% As Crypto Whales Buy $116 Million Tokens After Market Crash

ChainLink's LINK token has experienced a significant 14% price surge as major cryptocurrency investors, known as whales, have accumulated approximately $116 million worth of LINK tokens following the recent market downturn. This substantial accumulation by large holders indicates strong institutional confidence in the ChainLink ecosystem and its oracle services. The increased whale activity demonstrates growing investor interest in LINK's long-term potential despite recent market volatility. Such large-scale purchases typically signal positive market sentiment and could potentially lead to further price appreciation as demand outpaces available supply.