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December 12, 2024

Chainlink Aims for $45 as Whales Inject $7 Billion in 30 Days

Chainlink leads the decentralized finance (DeFi) token surge with a remarkable 26% increase, reaching a price of $28.73. The recent movement initiated a wedge breakout that has kicked off a six-week rally. Bulls are now eyeing key resistance levels as indicators of potential future growth. Also, on-chain data reveals a substantial increase in whale holdings during this period. The resurgence of dormant whales adds to the momentum driving LINK’s trajectory. Investors should monitor these patterns closely as Chainlink aims for the ambitious price target of $45.

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