LINK, the cryptocurrency associated with the Chainlink network, appears to be maintaining a crucial support level in the range of $12 to $12.50. This stability is particularly noteworthy as recent activity involving large investors, often referred to as "whales," withdrawing substantial amounts of LINK from exchanges suggests that there may be significant price movements on the horizon. These withdrawals could indicate that these large players expect the price to rise or are preparing for a bullish trend, making the current support level even more critical for future market developments.
source: https://blocknews.com/link-holds-key-support-at-12-12-50-as-whale-withdrawals-hint-at-a-bigger-move/