Chainlink price: LINK jumps 13% to hit 1-year high
Chainlink (LINK) price has surged more than 23% in the past week. On-chain data shows LINK price soared amid whale accumulation. Most of the whale accumulation and massive uptake has been on South Korea exchanges Bithumb and Upbit. Chainlink (LINK) price traded above $9.75 on Sunday, hitting its highest level since May 2022 amid a positive broader crypto market. The price of LINK was up 13% in the past 24 hours and 23% in the past week at the time of writing. But as LINK price eyes a retest of the $10.00 level, analysts looking at on-chain data say traders are likely to benefit if they watch out for whale activity. Why has LINK price been soaring? Chainlink, whose oracle network is seeing staggering adoption, including after its Cross-Chain Interoperability Protocol (CCIP) went live, has been one of the top performers in the crypto market amid the latest bullish sentiment. According to on-chain analytics and smart money account Lookonchain, the surge in L...