Chainlink Big Men Dem Push LINK Up 32% Pass $20
Chainlink (LINK) don soar pass 32% dis week, comot from $15.43 on August 3 reach intraday peak of $21.46. As of now, LINK dey trade gidigba near $21.04, up 8.25% in 24 hours. The rally na because big whale dem activity, big transactions jump 863% to 60.76 million LINK (about $1.21 billion) for one day, IntoTheBlock talk. Meanwhile, Santiment talk say wallets wey hold 100,000–1 million LINK don increase by 4.2% since early August, dem carry their share of full LINK supply up by 0.67%. Traders dey eye main resistance levels at $26 and $30 now. To add to the bullish vibe, Chainlink launch their on-chain Chainlink Reserve for Ethereum. This smart contract don collect over $1 million in LINK tokens from off-chain money and on-chain fees, show say network dey grow strong and fit stand long time.
Bullish
Di big jump wey happen for whale transactions plus di increase for di number of big holder wallet dem show say buying pressure strong, wey make di price break short-term pass $20. Di launch of Chainlink Reserve, wey don collect over $1 million LINK, add to better long-term fundamentals by supporting network sustainability and growth. Together, dis things mean say momentum go continue dey go up, making di outlook for LINK bullish for both short and long term.