{"id":6237,"date":"2025-01-06T10:32:57","date_gmt":"2025-01-06T10:32:57","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=6237"},"modified":"2025-01-06T10:32:57","modified_gmt":"2025-01-06T10:32:57","slug":"smart-whale-buys-over-1-8-million-of-chainlink-link-up-next-52","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=6237","title":{"rendered":"Smart Whale Buys Over $1.8 Million Of Chainlink (LINK): Up Next $52?"},"content":{"rendered":"<div>\n<p>In the latest Chainlink news, LINK Crypto is down -25% from 2024 highs. But will this block buy by this smart whale trigger a LINK price rally to a new all-time high?<\/p>\n<p><span data-preserver-spaces=\"true\">Crypto prices are mostly flat at spot rates. After the welcomed leg up from November, many coins have been retracing, with Bitcoin, Chainlink, and other top tokens down by over 20%.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">While the correction could be due to profit-taking, optimism is high, and some whales appear confident of what lies ahead.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Crypto Whale Wallet Addresses Are Loading Up on the LINK Dip<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Onchain data on January 6 shows that one trader splashed 506 stETH (the staked version of ETH) worth a cool $1.86 million to snag 77,127 LINK <\/p>\n<style>\n    .cwp-coin-chart svg path {\n        stroke: ;\n        stroke-width: ;<\/p>\n<p>    }\n<\/style>\n<p>    <span class=\"cwp-coin-widget-container\" data-id=\"link-chainlink\" id=\"coin_widget_id_677bb00b814e4\"><\/p>\n<p>        <!-- name of the coin in the text --><br \/>\n        <span class=\"cwp-coin-widget-wrapper\" data-id=\"link-chainlink\"><br \/>\n            <span class=\"cwp-coin-widget-holder \" style=\"background: #e0e0e0; \"><br \/>\n                <span class=\"cwp-coin-name\" data-id=\"link-chainlink\"><br \/>\n                    <span class=\"cwp-coin-icon \"><img decoding=\"async\" src=\"https:\/\/cryptify-platform-dev.clickoutmedia.tech\/icons\/link-chainlink.png\" alt=\"link-chainlink icon\" width=\"16px\" height=\"16px\"><\/span><br \/>\n                    <span class=\"cwp-coin-label \"><\/span><br \/>\n                    <span class=\"cwp-coin-symbol hidden\"><\/span><\/p>\n<p>                    <span class=\"cwp-coin-trend-holder\"><br \/>\n                        <span class=\"cwp-coin-price hidden\"><\/span><br \/>\n                    <\/span><br \/>\n                    <span class=\"cwp-coin-trend-holder\"><br \/>\n                        <span class=\"cwp-coin-trend \"><\/span><br \/>\n                    <\/span><\/p>\n<p>                <\/span><br \/>\n            <\/span><br \/>\n        <\/span><\/p>\n<p>        <!-- popup with basic info about the coin --><br \/>\n        <span class=\"cwp-coin-popup-wrapper \" data-id=\"link-chainlink\" style=\"\"><br \/>\n            <span class=\"cwp-coin-popup-holder\"><br \/>\n                <span class=\"cwp-coin-name\"><br \/>\n                    <span class=\"cwp-coin-icon\"><img decoding=\"async\" src=\"https:\/\/cryptify-platform-dev.clickoutmedia.tech\/icons\/link-chainlink.png\" alt=\"link-chainlink icon\"><\/span><br \/>\n                    <span class=\"cwp-coin-popup-name\"><\/span><br \/>\n                    <span class=\"cwp-coin-popup-symbol\"><\/span><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-price\"><br \/>\n                    <span class=\"cwp-coin-price-title\">Price<\/span><br \/>\n                    <span class=\"cwp-coin-price-holder\"><br \/>\n                        <span class=\"cwp-coin-price-value\"><\/span><br \/>\n                        <span class=\"cwp-coin-trend-holder\"><br \/>\n                            <span class=\"cwp-coin-trend\"><\/span><br \/>\n                        <\/span><br \/>\n                    <\/span><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-volume\"><br \/>\n                    <span class=\"cwp-coin-price-holder\"><br \/>\n                        <span class=\"cwp-coin-volume-title\">Trading volume in 24h<\/span><\/p>\n<p>                    <\/span><br \/>\n                    <span class=\"cwp-coin-volume-value\"><\/span><br \/>\n                    <!-- <span class=\"cwp-coin-trend-holder\">\n                        <span class=\"cwp-coin-trend\">?<\/span> \n                    <\/span>                     --><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-chart\"><br \/>\n                    <span class=\"cwp-graph-title\">Last 7d price movement<\/span><br \/>\n                    <span class=\"cwp-graph-container\"><\/span><br \/>\n                <\/span><\/p>\n<p>            <\/span>           <\/p>\n<p>        <\/span><br \/>\n    <\/span><\/p>\n<p> at an average price of $24. <\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">A whale spent 506 <a href=\"https:\/\/twitter.com\/search?q=%24stETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$stETH<\/a> worth$1.85M, to purchase 77,127 <a href=\"https:\/\/twitter.com\/search?q=%24LINK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$LINK<\/a> at an average price of $24, 6 hours ago.<\/p>\n<p>The whale still holds 44 <a href=\"https:\/\/twitter.com\/search?q=%24stETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$stETH<\/a> ($159K) and 40 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> ($147K), which can be further used to buy more <a href=\"https:\/\/twitter.com\/search?q=%24LINK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$LINK<\/a>.<\/p>\n<p>0x51b0157907b26005fc7d77669bfee7f0c0784a64 <a href=\"https:\/\/t.co\/hbf0ecUMGE\">pic.twitter.com\/hbf0ecUMGE<\/a><\/p>\n<p>\u2014 Onchain Lens (@OnchainLens) <a href=\"https:\/\/twitter.com\/OnchainLens\/status\/1875750611775582309?ref_src=twsrc%5Etfw\">January 5, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Although the whale still holds over $200,000 worth of stETH and ETH, buying LINK when prices are at a critical support level, around $20, isn\u2019t a mere flutter of interest.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Looking at how whales historically play their crypto chess, the block buy can be interpreted as a bold statement of his faith in LINK\u2019s prospects.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">From the daily chart, though LINK is down 25% from the 2024 highs, it has found strong support at $20 after dropping from $30, as recorded in early December 2024.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full\" src=\"https:\/\/www.tradingview.com\/x\/c5TEETmV\/\" width=\"1827\" height=\"892\"><\/p>\n<p>(<a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/symbols\/LINKUSDT\/\" target=\"_blank\" rel=\"noopener\">LINKUSDT<\/a>)<\/p>\n<p><span data-preserver-spaces=\"true\">The failure of sellers to push lower might suggest that bulls are ready to lift prices, possibly reclaiming the $30 level before pushing to all-time highs of $52 registered in mid-2021.<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Chainlink: The Oil In The Crypto Machine<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">Several factors can help one stay positive despite the high volatility and sideways market conditions in early 2025.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The palpable buzz, especially in Chainlink, could be due to its indispensable role in several crypto sectors, including decentralized finance (DeFi), gaming, real-world asset tokenization, and even powering cross-chain solutions through its Cross-Chain Interoperability Protocol (<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/is-aave-pulling-a-masterstroke-with-this-gho-and-chainlink-ccip-integration\/\" target=\"_blank\" rel=\"noopener\">CCIP<\/a>) launched last year. The CCIP helps connect different blockchains, allowing for seamless communication.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Being a decentralized and, therefore, secure middleware, all data shows that Chainlink is dominant and thriving, helping in LINK\u2019s possible rally. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Over the past few years, Chainlink, for example, has partnered with tech leaders and integrated Google Cloud. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">At the same time, it has taken part in initiatives like Project Guardian with the Monetary Authority of Singapore. In a November 12, 2024 <\/span><a class=\"general-link\" href=\"https:\/\/blog.chain.link\/chainlink-project-guardian\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">statement<\/span><\/a><span data-preserver-spaces=\"true\">, Chainlink said the objective was to keep financial transactions confident even when moved over the CCIP. <\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"Understanding the Cross-Chain Interoperability Protocol (CCIP)\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/btbIgwJy29s?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span data-preserver-spaces=\"true\">Additionally, Chainlink is proving to be an arena for top players. By helping blend old money with new tech via DeFi, LINK, the utility token of the Chainlink ecosystem, gets a credibility boost and the much-needed runway for takeoff above $30 and $52.<\/span><\/p>\n<p><b>EXPLORE:\u00a0<\/b><a href=\"https:\/\/99bitcoins.com\/news\/3-experts-predict-how-high-can-bitcoin-go-in-2025\/\"><b>3 Experts Predict: How High Can Bitcoin Go In 2025?<\/b><\/a><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Is LINK Price Ready For $52?<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">In early December, the World Liberty Financial (WFI), the DeFi project run by Donald Trump\u2019s family, bought LINK, among other tokens, looking at on-chain data.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">U.S. President-elect Donald Trump&#8217;s World Liberty Financial (<a href=\"https:\/\/twitter.com\/worldlibertyfi?ref_src=twsrc%5Etfw\">@worldlibertyfi<\/a>) has spent $12M on <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a>, <a href=\"https:\/\/twitter.com\/search?q=%24AAVE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$AAVE<\/a>, and <a href=\"https:\/\/twitter.com\/search?q=%24LINK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$LINK<\/a> in the past 10 hours, including:<\/p>\n<p>\u2022 2,631 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> ($10M) at ~$3,801<br \/>\u2022 3,357 <a href=\"https:\/\/twitter.com\/search?q=%24AAVE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$AAVE<\/a> ($1M) at ~$297.8<br \/>\u2022 41,335 <a href=\"https:\/\/twitter.com\/search?q=%24LINK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$LINK<\/a> ($1M) at ~$24.19<\/p>\n<p>This is the fund&#8217;s first\u2026 <a href=\"https:\/\/t.co\/izCy3nLGjR\">pic.twitter.com\/izCy3nLGjR<\/a><\/p>\n<p>\u2014 Spot On Chain (@spotonchain) <a href=\"https:\/\/twitter.com\/spotonchain\/status\/1867057137500950862?ref_src=twsrc%5Etfw\">December 12, 2024<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">The fact that WFI chose to add LINK among its first holdings cements confidence that the token is the dark horse that could gallop to fresh highs in 2024.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Whether the token rallies or dumps depends on how it reacts at the key support at $20.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">If bulls find strength, a close above $30 in the coming days or weeks could be the prelude for the much-anticipated rally that may see LINK bulls push prices to 2021 highs.<\/span><\/p>\n<p><strong>DISCOVER:\u00a0<a href=\"https:\/\/99bitcoins.com\/news\/crypto-trading-in-south-korea-surpasses-stock-market-with-18-billion-in-24-hour\/\">Crypto Trading In South Korea Surpasses Stock Market With $18 Billion In 24 Hour\u00a0<\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener nofollow nofollow\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/smart-whale-buys-over-1-8-million-of-chainlink-link-up-next-52\/\">Smart Whale Buys Over $1.8 Million Of Chainlink (LINK): Up Next $52?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In the latest Chainlink news, LINK Crypto is down -25% from 2024 highs. But will this block buy by this smart whale trigger a LINK price rally to a new all-time high? Crypto prices are mostly flat at spot rates. After the welcomed leg up from November, many coins have been retracing, with Bitcoin, Chainlink, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-6237","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/6237","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6237"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/6237\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}