Chainlink falls 16% as LINK whales dump $8.17M – Can $20 hold?

Chainlink investors panic sell with whales offloading 397084 tokens worth $8.17 million Whales and retail investors are aggressively selling, driving LINK down 16.68% to $20.4 and intensifying downward momentum. LINK faces key support at $20, with a potential drop toward $18.70 if selling continues, while a daily close above $22.2 could signal a bullish reversal.