Chainlink’s LINK token has seen a remarkable resurgence in recent weeks, surging past the key $13 price level amid an ongoing bull run. This latest milestone comes after LINK broke through the $12.50 barrier last weekend for the first time since April 2022.
Keypoints
- Chainlink (LINK) price recently surged past $12.50 for the first time since April 2022. The number of wallets holding at least 1,000 LINK also hit an all-time high of 27,152.
- A crypto whale recently purchased over 312,000 LINK worth around $3.81 million. This whale has made over $3.9 million in profit from previous trades.
- LINK recently broke out of a long-term ascending channel, signaling a trend reversal. Trading volume has increased.
- If the uptrend continues, LINK could potentially reach $15. But a drop below $12 could result in a retest of $10.
LINK is currently trading around $13.15, up over 20% in the last week alone. The number of wallets…