Chainlink’s native token, LINK, rose 13.6% over 24 hours on Monday as it led the way for a wider crypto recovery following last week’s leverage-inspired move to the downside. The CoinDesk 20 Index (CD20), a measure of the broader crypto market, added 4.2% in the same period.

On-chain analyst Lookonchain reported that 30 new wallets had withdrawn a total of 6,256,893 LINK ($116.7 million) since Oct. 11, signaling accumulation from high net worth entities.

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