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Why Traders Think Chainlink Price Could Rally Much Higher From Here

2026-05-09 08:21:50

Story Highlights* Chainlink price surged over 7% after breaking out of a multi-month consolidation range above the key $10 level.

Whale wallets accumulated 32.93 million LINK in one month while exchange reserves dropped sharply by 13.5 million LINK.
Rising ETF inflows, treasury reserve expansion and tightening supply are strengthening bullish momentum around LINK.

LINK5.04%

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