As the price of LINK continues to slide, a growing number of large investors, often referred to as "whales," are taking advantage of the situation by accumulating more tokens. This strategic move raises important questions about the significance of the $13.20 support level. If this level holds, it could signal a potential reversal in the market trend, providing renewed upward momentum. On the other hand, if the price falls below this critical threshold, it may indicate further bearish sentiment and lead to additional declines. Understanding the implications of this support level could be crucial for investors and traders looking to navigate the current market landscape.
source: https://blocknews.com/link-whales-accumulate-as-price-slips-here-is-what-the-13-20-support-level-could-decide-next/