Chainlink (LINK) has been experiencing a bearish momentum in the market recently. However, despite this downward trend, there is evidence to suggest that a price recovery may be on the horizon.
Whale accumulation of Chainlink (LINK) has been steadily increasing, indicating that large investors are confident in the long-term potential of the cryptocurrency. This accumulation by whales suggests that they believe in the future growth of Chainlink, despite the current market conditions.
While the bearish momentum has caused some concern among investors, the growing accumulation by whales is a positive sign for the future of Chainlink. It indicates that there is still strong interest in the cryptocurrency, and that there may be a price recovery in the near future.
Investors should keep a close eye on the market and monitor any developments in whale accumulation of Chainlink (LINK). Despite the current bearish momentum, there is potential for a price recovery as large investors continue to accumulate the cryptocurrency.