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LINK

Chainlink Surges 10% on Reserve Launch and Whale Accumulation

I see Chainlink (LINK) surging 10% after a major reserve launch and notable whale accumulation.

LINK trades at $23.34, up 10.25%, as the new on-chain reserve and massive whale buying are driving bullish momentum amid Brazil CBDC integration news.

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AI Analysis

The price reaction—LINK up 10.25% to $23.34—appears to be driven by a combination of structural and sentiment factors mentioned in the opinion: the launch of an on-chain reserve and concentrated whale...

AI Recommendation

Given the bullish signals, consider a measured approach rather than aggressive entry at current levels. Buying on a confirmed pullback or weakness could provide a better risk-reward, since the recent ...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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