🔍 Live Setup: Chainlink (LINK) – Whale Moves Point Toward a Potential Breakout
🐋 What the Whales Are Doing:
In the past month, whales have scooped up over 8 million LINK tokens, according to on-chain data tracking big transactions of $1M‑$10M—a surge of 1,400% increase in volume. onesafe.io+15Binance+15Binance+15
Multiple large wallets that previously sold LINK on Binance have now withdrawn $9M+ worth back to private storage over the last few days. Binance+2Binance+2Binance+2
Heavy accumulation observed not just in LINK but across other infrastructure tokens like Pepe Coin and Remittix—whale interest is shifting back into foundational assets. Binance+1Binance+1
🕯️ How to Read the Candles: Chainlink Behavior Explained
🔻 1. Small Bodies after Pullback = Quiet Accumulation
LINK pulled back from the ~$18 resistance zone, then produced small-bodied candles, indicating that large investors are buying but not pushing price up yet. Binance+11Binance+11Binance+11
📉 2. Subtle Lower Wicks = Dips Absorbed
Candles with long lower shadows show price rejection on dips—buyers immediately stepping in. That’s classic whale absorption behavior, keeping LINK supported near $17.5–$18.0. Binance+13Binance+13Binance+13
⚠️ 3. Resistance Tests & Fake Breakouts
LINK has tested $18.20–$18.50 multiple times but often retraced—this may be a trap setup by whales to shake out weak hands before ramping up accumulation. BinanceBinance
🚀 What Whales Are Likely Planning:
Accumulation zone around $17.50–$18.00
Subtle pullbacks with tight candle bodies and wicks
False breakout attempts above resistance to cause hesitation
Withdrawal of tokens to cold storage—reducing supply on exchange
Upon confirmation of strength above $18.50–$19.00 with volume, a launch toward $20–$23 becomes very probable. BinanceBinance+7Binance+7AInvest+7
✅ How to Spot Similar Chains:
After a pullback, do you spot candles with small bodies and lower wicks?
Is price holding above a key support zone without crashing?
Are you noticing sharp increases in large‑transaction wallets or withdrawals from exchanges?
Is volume declining during dips and increasing before structure breaks?
If you answered “yes” to these, you’re observing a whale‑driven accumulation pattern.
