Whale Crypto Nyerok 1.4 Million LINK Tokens

JAKARTA - The performance of Chainlink (LINK) token prices shows signs of recovery after its value slumped in December 2024. On Sunday, January 5, 2025, a number of crypto observers revealed that there were large investors aka "whale" who bought more than 1.4 million LINK tokens in the last four days.

This purchase sparked hot conversation among market players. Especially ahead of the presidential inauguration which is predicted to be an important moment for the crypto industry in 2025.

The massive purchase by these whales not only shows great investor confidence in Chainlink's potential, but also marks their preparation for the predicted positive momentum to come on the crypto market this year.

In the same period, LINK prices increased by 22%. At the time of writing, LINK is trading around 23.40 US dollars (Rp379,440), crawling narrowly 1.20% in the last 24 hours.

However, even though the price of LINK shows a positive trend, the trading volume of this token has actually decreased by 33.40%, which indicates a decrease in participation from traders and investors when compared to the previous day.

Despite the increase in prices, it appears that trade activity is decreasing. The decline in LINK's trade amicivity could be influenced by market uncertainty ahead of the upcoming presidential inauguration.

For investors, this development is an indicator that LINK could be one of the assets that is interesting to pay attention to in the next few months. Will this momentum last or push Chainlink prices further upward? However, the movement of LINK token prices is interesting to observe.