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It seems that Chainlink whales and sharks have recently been increasing their positions. They reportedly bought over 32.93 million tokens in the past month, resulting in approximately a 7.7% increase in holdings. Just since the beginning of last month, Chainlink's price has also risen by about 17%, so the timing aligns.
When large players actively buy, it often serves as a signal that the market is about to rise. In fact, when whales of major projects like Chainlink move, it often influences subsequent price movements. So far, this activity is seen as a bullish indicator.
Of course, the market is unpredictable, but such large position changes by big players are worth paying close attention to. Chainlink also attracts significant interest from institutional investors, making its future movements particularly noteworthy.