According to Lookonchain, whale 0x7fBB has begun taking profits on $LINK after holding for over a year. Between March 24, 2023 and March 25, 2024, the whale withdrew 1.75 million $LINK (worth $12.3 million) from Kraken at an average price of $7.03. Since May 27, 2025, the whale has deposited 403,000 $LINK (about $5.87 million) into Binance, signaling active selling. This large-scale movement from a major holder could introduce short-term selling pressure on Chainlink, making it a key watch for traders seeking volatility or trend shifts in the $LINK market. Source: Lookonchain (June 5, 2025)

According to 𝐋iquidity 𝐃octor (@doctortraderr), a trading strategy for the $100-$1k challenge involves entering a long position in Chainlink (LINK) at $14.73 with a margin of $44 and 9x leverage, targeting a profit at $17.14. This setup provides a clear risk-reward scenario for active traders, especially those seeking high-return, short-term trades on LINK. The recommended leverage and concise entry/exit points highlight the growing appetite among traders for structured, high-risk strategies in the crypto market (source: twitter.com/doctortraderr/status/1928294291811565913).