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Chainlink's price surge coincides with a record $770M Futures OI.

Chainlink price has embarked on a strong rally, supported by the strong Bitcoin rally, partnerships, and whale accumulation. On-chain data shows that Donald Trump's World Liberty Finance is accumulating the token as optimism of a potential partnership with Blackrock.

For the second consecutive day, World Liberty Financial purchased $1 million worth of LINK.

Trump-backed World Liberty Financial's $2 million investment in Chainlink tokens, combined with major institutional partnerships and technical developments, has driven LINK's price to a three-year high of $29.45 amid record futures market activity.

New data from market intelligence firm Glassnode reveals that decentralized oracle network Chainlink (LINK) is gaining on-chain momentum as its price rises. In a new thread on the social media platform X, Glassnode says that LINK's fundamentals are improving along with its active address momentum and rising price tag.

WLFI, endorsed by Donald Trump, expands its crypto portfolio with Ethereum, Aave, and Chainlink. Key charts for ETH, LINK, and AAVE suggest potential corrections ahead.

LINK neared $30 in Asian morning hours Friday, data shows, with open interest (OI) on the token's futures zooming to record highs above $860 million.

Chainlink's token remains far from its peak, but its rapid growth this year highlights rising institutional interest and ecosystem progress.

Chainlink (LINK) has recently reached its highest price in two years, fueled by strong whale activity and an all-time high in open interest (OI) in futures contracts. These developments suggest that Chainlink could be on the verge of a substantial rally, with some experts predicting a possible 40% rise.

In a somewhat atypical development in the cryptosphere, on Thursday a clutch of coins and tokens surged in price while the leading one sagged on the day.

Chainlink price continued its strong rally this week, reaching a high of $29.4, its highest level since November 2021.

What's next for LINK as Trump-backed project makes a $1M bet on the altcoin?

US President-elect Donald Trump's World Liberty Financial (WLF) has made a substantial multi-million-dollar investment in Ethereum (ETH), Aave (AAVE), and Chainlink (LINK), leading to sharp price increases in AAVE and LINK. According to on-chain analysis shared by Lookonchain via X and verified through Etherscan, the fund purchased approximately $10 million in ETH, $1 million in AAVE, and $1 million in LINK on December 11.

Chainlink (LINK) price is up more than 20% in the last 24 hours, reaching its highest levels in three years. The recent surge pushed LINK to approximately $28, breaking past key resistance levels and signaling renewed bullish momentum.

Digital assets displayed bullishness on Thursday as Bitcoin crossed $100,000 again, currently trading at $101,381.90. While BTC's rebound triggered significant uptrends in the altcoin space. Meanwhile, Goatseus Maximus (GOAT) and Chainlink stirred the crypto community for various reasons. Let us find out more.

Today, the altcoin season appears to be back on track after seeming to have taken a brief break. This is because the top trending altcoins have all seen their prices increase by double-digits in the last 24 hours.

TL;DR Chainlink surpassed $29 for the first time in 37 months, although it is currently at $28 after a brief retracement. Whales and institutional investors have accumulated more than 5.6 million tokens in two months, driving the price and open interest in futures to a record $770.27 million. If it surpasses $29.

On December 12, 2024, Chainlink (LINK) seems to be in the eyes of both whales and institutions, leading to a notable price surge in the past 24 hours. According to a whale transaction tracker on X (formerly Twitter), significant accumulation has been reported, ranging from wallet-linked Trump to whales.

Chainlink is among top gainers on Dec. 12 as its price breaks to its highest level in nearly three years, with this coming as futures open interest spiked to an all-time high.

Chainlink's price has surged significantly after the company swapped millions of USDC for ETH, LINK, and AAVE. The purchase of LINK and AAVE, valued at over $1 million each, coincided with a sudden uptick in their prices.

Uniswap joined Chainlink as a top performer, rising 8.6%.

Chainlink (LINK) has hit a new milestone in its price metrics. As spotlighted by Santiment, LINK flipped $29 for the first time in over three years.

Cryptocurrencies traded in the green today as bulls flexed after Monday's crash. Amidst the optimism, Chainlink (LINK) stole the show as it touched price levels not seen since November 2021. LINK's outperformance follows massive institutional purchases. Blockchain data shows Donald Trump's World Liberty Financial (WLFI) splashed millions to purchase Chainlink, Ethereum, and AAVE.

Chainlink (CRYPTO: LINK) soared 22% in 24 hours, bringing its month-over-month performance to 93% as fundamental developments point to a bullish future. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Chainlink (CRYPTO: LINK) $27.80 $17.4 billion +22% +14.8% Avalanche (CRYPTO: AVAX) $49.86 $20.4 billion +9.9% -5.5% TRON (CRYPTO: TRX) $0.2963 $25.6 billion +8.2% -12.4% Trader Notes: Crypto trader Altcoin Sherpa advises traders to look for demand zones on lower timeframes, targeting $25 for short-term scalping.