๐๐๐๐ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐๐ฌ ๐๐๐ญ๐ฐ๐๐๐ง $๐๐โ$๐๐: ๐๐ก๐๐ฅ๐๐ฌ ๐๐ฎ๐ฒ, ๐๐๐ญ๐๐ข๐ฅ ๐๐๐ฌ๐ข๐ญ๐๐ญ๐๐ฌ
๐ LINK is stuck below $15 despite strong whale accumulation, according to a new CryptoQuant report.
โฌ โก๏ธ Whale Accumulation Continues
โข Around 100,000 LINK/week are flowing out of exchanges โ a sign of whales quietly buying and holding.
โข Exchange withdrawals have been strong since late 2024, peaking at over 3,000 TX/day.
โฌ โก๏ธ Retail Traders Still On The Sidelines
โข Daily Active Addresses: Flat between 28Kโ32K
โข Daily TX Volume: Stuck near 9,000 TX/day
โข Retail hasnโt reacted to LINKโs rising oracle utility or whale interest.
โฌ โก๏ธ Supply Shrinks, But Breakout Needs Demand
โข Exchange reserves down 40% YTD โ showing tighter supply.
โข But price remains capped below $15 resistance, waiting for a retail spark.
๐ Whatโs Next?
โข Bullish case: If retail activity spikes, LINK could break past $15.
โข Bearish case: If whale accumulation slows or reverses, LINK may fall toward $10 support.
๐ LINKโs setup now looks like BTC's 2023 range โ calm before a potential storm. Keep watching retail wallets and exchange netflows for the next big move.