Bitcoin and altcoins, which rose before the FED interest rate decision, experienced a decline last night. With this decline, BTC fell below $ 27,000, while altcoins also retreated.
One of these altcoins was Chainlink (LINK). There is whale activity in LINK, which is approaching $7 with its rise.
According to Lookonchain's post, 35 new wallets created 3 days ago started withdrawing LINK from Binance.
Pointing out that whales accumulate LINK, Lookonchain stated that whales have withdrawn 755,687 LINK worth $ 5.08 million so far.
“We noticed that approximately 35 new wallets created 3 days ago started withdrawing LINK from Binance today.
A total of 755,687 LINK worth $5.08 million have been withdrawn so far.
Do whales accumulate LINK?
We noticed that ~35 fresh wallets created 3 days ago started withdrawing $LINK from #Binance today.
And have withdrawn a total of 755,687 $LINK ($5.08M) so far.
Are there whales accumulating $LINK? pic.twitter.com/IYte19TmTE
— Lookonchain (@lookonchain) September 19, 2023
“These Levels Are Buying Opportunities!”
As you may remember, a LINK post was also shared by popular analyst Michael van de Poppe.
Pointing out that the $6 level is an important buying opportunity for LINK, Poppe said, “Chainlink is rising to $6.60 after a surprising retest of the low $6 range. These levels are still an opportunity of a lifetime for investors.” he said.
LINK is trading at $6.73 at the time of writing.
*This is not investment advice.
