Chainlink’s price has recently shown a buy signal as large holders of the cryptocurrency, known as whales, have been accumulating more LINK tokens. This increase in accumulation by these whales is a positive sign for the future price of Chainlink.
Whales are investors who hold large amounts of a particular cryptocurrency. When whales begin accumulating more tokens, it can indicate that they believe the price will increase in the future. This can be seen as a bullish signal for other investors to consider buying Chainlink as well.
The price of Chainlink has been flashing a buy signal, indicating that it may be a good time to invest in the cryptocurrency. With whales accumulating more LINK tokens, it suggests that they have confidence in the future potential of Chainlink.
Investors should always do their own research and consider their own risk tolerance before investing in any cryptocurrency. However, the accumulation of LINK tokens by whales is a positive sign for the future price of Chainlink.