Whales lock in profits after Chainlink surges above $8

Chainnlink (LINK) reached a local peak at $8.17 in early October, its highest level since July 2023.
However, last week the altcoin started to become cheaper due to traders’ shift to profit taking.
The most active sellers were whales holding between 100,000 and 10 million LINK. It was these investors who pumped up the cryptocurrency in September-October and then proceeded to sell it.

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