🔗 Chainlink Whale Accumulation: Over 1.6M $LINK Scooped Up!
In just the last 2 weeks, whales have accumulated more than 1.60 million $LINK , signaling growing confidence in Chainlink’s long-term potential — even as the broader market remains shaky.
📈 On-chain data suggests large holders are quietly loading up, potentially anticipating major developments or price action ahead.
According to recent Santiment data, whales (addresses holding between 10,000–100,000 LINK) have accumulated over 1.6 million LINK within the past two weeks.
This move is valued at around $28 million, signaling strategic interest from large holders, not just speculators.
Whale accumulation during market consolidation tends to precede breakouts. These moves often indicate confidence in the asset’s long‑term outlook.
Chainlink is currently trading in the $17–$18.50 range, having recently broken above major moving averages like the 50‑, 100‑, and 200‑day lines—a bullish technical signal.
Analysts are eyeing the next targets of $20 and $23, though overbought metrics like RSI (~82) suggest a near‑term pullback.