Chainlink (LINK) records an impressive increase, with prices surpassing 24 USD thanks to strong whale buying, supply on exchanges reducing by –9.8%, and explosive FOMO sentiment.
LINK is leading the cryptocurrency market with stronger gains compared to Ethereum, supported by cash flow from whales and the scarcity of supply on exchanges.
MAIN CONTENT
LINK surpasses the 24 USD mark, exhibiting superior growth compared to Ethereum in terms of price and weekly and monthly performance.
Whales are accumulating LINK, with the number of Tokens on exchanges decreasing by 9.8% over 8 weeks, strongly driving FOMO.
Investor sentiment has shifted positively, HODLers are not in a hurry to sell despite rising prices, anticipating that the upward trend may continue.
How is Chainlink (LINK) demonstrating strength?
LINK stands out in the cryptocurrency market as it maintains a continuous uptrend, surpassing 24 USD after several months. The technical structure and significant cash flow from whales continue to reinforce LINK's bullish trend, even compared to major Altcoins like Ethereum.
LINK started August with a 35.34% rise in the week, nearly double that of Ethereum's 21%. For the whole month, LINK increased by 42%, far exceeding ETH's increase.
Source: AMBCrypto, TradingView data August 2025
Not only is the price increasing, but the LINK/ETH ratio is also approaching a crucial support zone on the monthly chart. In the previous Q4, this area triggered LINK's rise of over 82%, far surpassing ETH's 28% increase during the same period. According to TradingView data (August 2025), whenever this index hits the support area, LINK often records spectacular rebounds.
What is outstanding about LINK's performance compared to Ethereum?
LINK demonstrates clear superiority over Ethereum across all recent time frames. The price increase of LINK consistently outperforms ETH, even when ETH benefits from institutional capital flow and limited supply.
On the daily chart, LINK jumped 13% while ETH only increased by 9%. This demonstrates LINK's unique appeal, independent of the overall cryptocurrency market or macroeconomic factors.
The LINK/ETH ratio is currently testing a strategic support area – a sign that previously propelled LINK's strong upward trend in the last quarter, making it an important indicator for the next steps.
According to AMBCrypto's market report, August 2025
This performance attracts attention from large investors and analysts, setting the stage for a significant increase in FOMO around the 24 USD mark.
What does it mean for LINK's price to surpass 24 USD?
LINK closing above the 24 USD mark for the first time since February 2, 2025, is a significant milestone that demonstrates inherent strength. This event helps many investors from the end of Q1 to mid-Q3 return to a positive profit/loss state, shifting market sentiment positively.
After breaking through the supply zone of 24 USD with a 2.82% increase in one day, LINK has sparked a new bullish wave and fully restored the confidence of medium- and long-term investors.
The bullish structure of Chainlink remains solid. However, the real challenge is the resistance zone at 24 USD, where speculative cash flows (FOMO) have emerged strongly.
AMBCrypto, analysis August 2025, recorded at TradingView
Current sentiment is balanced between the fear of missing out (FOMO) and profit-taking (greed). According to AMBCrypto, this psychological state will significantly influence LINK's price trend in the upcoming sessions.
What is the role of FOMO and whales in LINK's price?
Whales are the driving force behind LINK's bullish wave alongside FOMO. Capitalizing on the scarcity of supply on exchanges, whales increase net buying, helping keep the price above 24 USD despite the market's potential profit-taking pressures.
The number of large on-chain transactions for LINK averages 713 transactions per day, indicating that whales are actively buying.
Santiment data, August 2025
Additionally, the circulating supply of LINK on exchanges has decreased by approximately 20.69 million Tokens (a decrease of 9.8%) over the past eight weeks. This reduces liquidity while allowing the upward trend to continue despite some selling pressure.
LINK ETH Target Performance for the first week of August 2025 +35.34% +21% Performance for August 2025 +42% +21% LINK/ETH ratio increases 82% (Q4/2024) 28% (Q4/2024) Supply reduction on exchanges in the last 8 weeks –9.8% Not disclosed separately
Is the HODLer sentiment and available capital maintaining the upward trend of LINK?
The latest statistics show that LINK HODLers still maintain their confidence, not rushing to take profits despite strong price increases. The amount of realized profit remains low, resulting in almost negligible selling pressure.
Large cash flows continue to pour into LINK despite the bullish trend, indicating expectations for further upward movements as FOMO remains the primary driving force rather than short-term profit-taking.
Chainlink's growth cycle is being maintained by the persistent accumulation of whales and the fear of missing out among investors, creating upward momentum for prices despite many fluctuations in the overall market.
On-chain report Santiment, August 13, 2025
Will Chainlink continue to maintain upward momentum?
With a sharp decrease in LINK supply on exchanges, increased accumulation activity by whales, and superior performance compared to ETH, LINK's bullish trend is still being firmly reinforced. The decisive factor lies in the FOMO psychological dynamics and continued cash flow entering in the near future.
According to on-chain data and significant investor movements, the current price of 24 USD is a solid foundation for LINK to seek further new ATH levels, especially as the HODLer community continues to 'say no' to large selling pressure.
Frequently Asked Questions
What makes LINK stand out compared to other Altcoins?
LINK is growing stronger than most major Altcoins, especially compared to Ethereum. The superiority is clearly reflected in actual price performance as well as the LINK/ETH ratio increasing dramatically.
What reasons have caused the supply of LINK on exchanges to decrease sharply?
Whales and large investors are actively accumulating, while few are willing to sell, causing the amount of LINK on exchanges to decrease by 9.8% over 8 weeks, limiting liquidity and creating upward price pressure.
How does FOMO affect LINK's price?
The fear of missing out (FOMO) causes many investors to seize the opportunity to buy when prices rise, especially at resistance levels like 24 USD, contributing to the continuation of the bullish wave.
What role do whales play in LINK's bullish trend?
Whales are continuously executing large transactions, increasing demand and reducing supply on exchanges, maintaining buying pressure and pushing prices higher.
What event previously caused LINK to surge above ETH?
In the fourth quarter of 2024, when the LINK/ETH ratio hit a strong technical support zone, LINK recorded an increase of over 82%, far exceeding ETH's 28% increase during the same period.
Do LINK HODLers tend to sell when the price rises?
Most HODLers maintain their confidence, still holding LINK despite the high price. The amount of realized profit remains low, indicating that there has not been significant profit-taking pressure.
What is the forecast for LINK's price trend in the near future?
With strong cash flow from whales and positive market sentiment, LINK may continue its upward trend; however, the developments still depend on FOMO sentiment and buying power in the market.
Source: https://tintucbitcoin.com/link-vuot-24-usd-cho-tang-manh/
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