Chainlink (LINK) is experiencing a notable uptick in its price, driven by increased activity from large holders, commonly referred to as "whales." Over the past three days, LINK has surged by over 18%, as these influential market participants have been actively trading the token. This surge comes amid a broader revival in the cryptocurrency market, where several digital assets have seen significant price increases after a period of stagnation. The recent price movement has turned previous resistance levels into new support, fueling speculation about the potential for Chainlink to reach an all-time high.
The current price of Chainlink is $24.17, reflecting a 2.28% increase from its previous close of $23.63.