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Whales accumulate 14M+ LINK, hinting at bullish momentum as price nears $9.05 resistance.

Market News
24 Jul 2026
AMBCrypto
View Source
Bullish
pluang ai news

Large holders have added over 14 million LINK tokens in the past three weeks, signaling growing confidence despite recent market consolidation. This accumulation, combined with steady outflows from exchanges, suggests investors prefer holding rather than selling. Binance traders also show a bullish bias with a 2.08 long/short ratio, supporting positive sentiment. LINK is currently trading around $8.57 and approaching a key resistance at $9.05; a breakout above this level could lead to a test of $10, while failure may result in a pullback to $8.26. Overall, the market structure favors recovery if support holds and demand strengthens.

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