Chainlink (LINK) is showing bullish signs as whales accumulated 1.29M LINK (~$31M) while active addresses and new wallets surged, tightening exchange supply and increasing the probability of a breakout above $25 toward $30 in the short term.
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Whales added 1.29M LINK in four days, reducing exchange liquidity
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Network activity hit 2025 highs with ~9,813 active addresses and 9,625 new wallets
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On-chain metrics point to a potential move toward $30.54 if $24.77 is decisively reclaimed
Chainlink (LINK) shows whale accumulation, record network activity and $25 resistance in focus — read analysis and trade implications now.
Is LINK preparing for a breakout beyond $25 resistance?
Chainlink (LINK) recently broke a long-term descending trendline and peaked near $26 before settling around $24.3. Key Fibonacci support sits at $22.77 and $21.20, while the next extension target is $30.54. A close above $24.77 would materially increase odds of a push toward $30.
How significant is the recent whale accumulation for LINK?
On-chain monitoring shows one address accumulated over 1.29M LINK (approx. $31.15M) withdrawn from Binance across multiple large transactions. This concentration can remove sell-side liquidity and support higher prices if whales continue HODLing.
However, concentrated holdings can also trigger sharp corrections if large sellers decide to take profits quickly. Monitor exchange balance trends and large transfer patterns for early warnings.
Source: TradingView (plain text reference)
Can soaring wallet activity validate bullish momentum?
On-chain analytics recorded a surge in network engagement: ~9,813 active addresses and ~9,625 new wallets over two days, both 2025 highs. Rising active address counts and new wallet creation typically indicate stronger retail participation and on-chain demand for LINK.
Higher activity often correlates with capital inflows and liquidity shifts, reinforcing price rallies when sustained. Watch retention metrics and daily active address trends to gauge durability.
Source: Santiment (plain text reference)
Does rising social dominance point to hype or sustained demand?
LINK’s social dominance rose to ~1.43%, reflecting increased discussion across crypto channels. Higher social attention can amplify short-term price volatility, often driven by speculative flows rather than fundamentals.
When social momentum coincides with on-chain accumulation by large holders, it increases the likelihood that demand is substantive. Still, evaluate developer activity, integrations, and real-world adoption to distinguish hype from durable demand.
Source: Santiment (plain text reference)
Are profitable holders about to take gains?
The MVRV Long/Short difference for LINK rose to ~12.77%, indicating many holders are in profit. Elevated MVRV levels historically precede periods of partial profit-taking, which can create short-term headwinds for price.
That said, sustained whale accumulation can absorb selling pressure and support higher highs. The short-term outcome will hinge on whether accumulation outpaces distribution over the next sessions.
Source: Santiment (plain text reference)
Will LINK reclaim $30 or stall at resistance?
Chainlink appears positioned to challenge $30 in the near term as whale accumulation and record network activity combine with renewed social attention. Fibonacci targets place $30.54 as the next meaningful extension if $24.77 is reclaimed.
Investors should track exchange flows, large transfers, MVRV trends and active address retention. If accumulation continues and profit-taking remains measured, a push above $30 is plausible. If selling intensifies, expect short-term corrections.
Frequently Asked Questions
How much LINK did whales accumulate recently?
Whales accumulated roughly 1.29M LINK, valued at about $31.15M, through several large transfers from Binance over four days. This materially reduced exchange-available supply and signaled increased holder conviction.
What on-chain signals suggest sustained demand for LINK?
Key signals include rising active addresses (~9,813), spikes in new wallet creation (~9,625), growing social dominance (~1.43%), and sustained whale accumulation. Together these indicate both retail interest and large-holder demand.
What are immediate technical levels to watch for LINK?
Support: $22.77 and $21.20 (Fibonacci); Resistance to reclaim: $24.77; Extension target: $30.54. A decisive daily close above $24.77 increases the probability of a move toward $30.
Key Takeaways
- Whale accumulation: 1.29M LINK (~$31M) removed from exchanges, tightening liquidity.
- Network activity: 9,813 active addresses and 9,625 new wallets — 2025 highs supporting demand.
- Trade cue: Watch for a decisive close above $24.77 to confirm a higher-probability path to $30.54.
Conclusion
Chainlink (LINK) is showing a mix of bullish indicators — concentrated whale accumulation, record on-chain activity and rising social interest — that increase the likelihood of a breakout above $25 toward $30 if critical technical levels hold. Traders should monitor exchange flows, active addresses and MVRV to gauge whether momentum is sustainable; COINOTAG will continue tracking developments.
