Chainlink (LINK) rebounded to $13.38, up 1.28%, due to whale trading activity shifting from selling to active buying. Two large wallets (possibly from the same entity) purchased 414,935 LINK tokens worth $5.48 million. On-chain data shows a buy-sell difference of positive 570,000 tokens, indicating strong accumulation in the market. Although technical indicators like the stochastic relative strength index (Stochastic RSI) show an upward momentum, the relative strength index (RIL) indicates that sellers are still active. Continued demand could push LINK toward the resistance level of $14.2, while $12.9 remains a key support level.

LINK-0,46%
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