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Chainlink's LINK Plunges 9% as Intense Selling Overpowers Caliber's $2M Accumulation

Nasdaq-listed Caliber purchased $2 million LINK while the Chainlink Reserve added nearly 60,000 tokens, but bears remain in control.

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💡 DMK Insight

Caliber's $2 million investment in LINK signals a bullish bet on Chainlink's potential, even as bears continue to dominate the market. This kind of strategic buying can often indicate that institutional players see value where retail investors might be too skittish. However, the persistent bear grip suggests that the road ahead may be bumpy, and traders should brace for volatility. In the crypto world, timing is everything, and while Caliber is stepping up, it’s crucial to remember that the market can be as unpredictable as a cat on a hot tin roof.

📮 Takeaway

Watch for signs of bullish momentum before diving into LINK; patience may pay off.

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