[Chainlink surged 44% in a week, Whale invested $80 million to scoop up]

During the market adjustment, Chainlink, on the contrary, experienced a big pump, rising 44% over the past week and 12% in the last 24 hours, becoming the most eye-catching cryptocurrency recently. The driving force behind this is the Whale funding of over 80 million dollars, along with a significant collaboration with the Intercontinental Exchange Group (ICE).

This collaboration is not simple; ICE is one of the largest exchange operators in the world, and it owns top-tier financial infrastructures like the New York Stock Exchange. Their choice to partner with Chainlink aims to integrate real-world data onto the blockchain, which is significant for the development of DeFi. The recognition from traditional financial giants is more persuasive than any promotion.

From a fundamental perspective, Chainlink, as the leader of decentralized oracles, has an unshakable position. Currently, over 1,000 projects are using its services, with a total locked value exceeding $50 billion. With the rise of RWA tokenization trends, the demand for high-quality oracles will only continue to grow.

The crazy buying spree of the Whales also tells a story. In the past 48 hours, the largest single transfer was 3 million LINK, worth 25 million USD. These are all long-term holders adjusting their positions, indicating that they see greater rising potential for LINK. From a technical perspective, LINK has just broken through a key resistance level, and the trading volume has significantly increased, which usually signals the start of a new round of rise.

The entire DeFi infrastructure sector is being re-evaluated, and the market has finally recognized the importance of these projects. Although there may be fluctuations in the short term, Chainlink's monopoly in the oracle space, coupled with its expanding ecosystem, makes its long-term investment value undeniable. If this momentum continues, it's only a matter of time before LINK hits new highs.