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Pluang+

A whale bought $1M in Chainlink LINK, signaling potential bullish interest despite seller dominance.

Technical Signals
23 Oct 2026
Blockonomi
View Source
Neutral
A whale bought $1M in Chainlink LINK, signaling potential bullish interest despite seller dominance.

A large investor (whale) purchased over 80,000 Chainlink (LINK) tokens worth about $1.02 million via CoWSwap, raising speculation of stronger LINK performance in Q4. Despite this, market data shows sellers still dominate both spot and futures trading, with selling pressure outweighing buying demand. LINK price pulled back from resistance at $14.218 to hold support around $12, with a key level to watch being a break above $14.218 that could lead to gains toward $18. The market awaits whether broader buying interest will follow the whale's move to sustain a recovery.

Chainlink (LINK) shows strong buying interest on Pluang, with 96% of order activity on the buy side despite recent selling pressure in the broader market. The token trades at Rp218.690 with a modest 1-day gain of 0.59%. These figures are current as of Oct 23, 2026 17:01 WIB.

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