Chainlink (LINK) has recently faced significant fluctuations driven by both market dynamics and regulatory developments. The latest twist in its journey involves a notable sell-off by whale investors following the SEC’s decision regarding Ethereum, impacting LINK’s price trajectory and investor sentiment.
Understanding the Recent Price Movements
On June 20, 2024, Chainlink experienced a 5% decline in its price, marking a reversal from earlier gains spurred by the SEC’s announcement regarding Ethereum.·
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