Chainlink Whales Bought 800K LINK During Dip, Could Signal Ongoing Consolidation

  • Whales accumulated 800K+ LINK during the dip, indicating institutional confidence.

  • LINK volume spiked on rallies and selloffs, confirming active market participation.

  • Technicals show LINK below key moving averages; support near current levels appears weak.

Chainlink whales bought 800K LINK during the dip; analyze LINK accumulation, volume spikes, and technical outlook — read concise market takeaways and trade-focused insights now.

Chainlink whales bought 800K LINK during the dip as prices corrected, showing confidence while technicals suggest continued consolidation.

  • Whales accumulated over 800K LINK during the dip, signaling strong confidence despite price falling sharply from August highs.
  • LINK volume spiked heavily during rallies and selloffs, confirming strong market activity even as the token corrected downward.
  • Technicals show LINK below key averages with weak support, suggesting consolidation before any sustainable recovery can take shape.

Chainlink whales drew attention this week after analyst Ali reported on X that large wallets accumulated roughly 800,000 LINK during the recent price dip. The purchases occurred as LINK traded near $1.484, a marked retreat from August peaks. The on-chain accumulation and simultaneous volume spikes indicate sustained interest despite corrective price action.

Ali shared a chart showing LINK price and volume across several months in 2025, highlighting sharp volatility with multiple rallies and corrections. The dataset points to intense buying and selling around the late-August peak, which produced the largest volume spike in the observed timeframe.

unnamed 76 1 1
Source: Ali

What is the significance of 800K LINK whale accumulation?

Whale accumulation of ~800K LINK signals that large holders increased exposure during the dip, which generally indicates confidence in long-term value. While accumulation can support future price floors, the broader market context and technical resistance determine if that demand will translate into sustained upward momentum.

How did trading volume behave during rallies and selloffs?

Volume spiked substantially at the late-August peak and stayed elevated through the correction, reflecting active trading by institutions and retail. Elevated volume during both up and down moves suggests distribution and redistribution rather than one-sided buying. Traders should watch whether volume decreases during consolidation or resumes on upward breaks.

What do technical indicators suggest about LINK’s outlook?

Technicals show LINK trading below key moving averages, indicating resistance above current prices. Support appears limited near $1.30–$1.45 based on recent lows, but the lack of strong buying at those levels points to further consolidation. A sustained break above the 50-day and 200-day moving averages would be required to validate a bullish reversal.

Why does consolidation matter after whale accumulation?

Consolidation can allow whales to accumulate without dramatically pushing price higher and can absorb selling pressure. If accumulation continues quietly under sideways price action, it can set the stage for a stronger move once macro catalysts or technical breakouts occur.

Frequently Asked Questions

Did whales buy during the lowest points of the dip?

Whale purchases happened during the correction phase, not necessarily at the absolute lows; on-chain and chart evidence shows accumulation occurred across several sessions as prices ranged near $1.484.

Is LINK likely to break resistance soon?

Current technicals suggest resistance above the current price is strong; a confirmed break requires rising volume and a move above key moving averages to signal a trend change.

How should traders use this information?

Traders can monitor on-chain wallet movement, volume patterns, and moving-average crossovers to time entries; risk management remains essential given ongoing volatility.

Key Takeaways

  • Whale accumulation: 800K+ LINK bought during the dip, indicating large-holder confidence.
  • Volume confirms activity: Spikes during rallies and selloffs show broad market engagement.
  • Technical outlook: LINK below key averages; expect consolidation until clear breakout signs appear.

Conclusion

Chainlink whales accumulating 800K LINK during the correction highlights sustained interest amid weakness, but technical indicators point to continued consolidation. Market participants should combine on-chain signals, volume data, and moving-average confirmations before assuming a trend reversal. COINOTAG will monitor developments and update this report as new data emerges.






Published: 2025-09-25 · Updated: 2025-09-25 · Author: COINOTAG

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

$COAI listed on Binance alpha and futures

$COAI listed on Binance alpha and futures

Anoma (XAN) Binance Alpha & Futures Launch Postponed — September 23, 2025 Listing Delayed

According to official sources, the planned listing of Anoma...

Giggle Academy Secures $3M+ in BNB Donations in 36 Hours, CZ Praises On-Chain Transparency

Binance founder CZ reported that Web3 education platform Giggle...

Binance Launches ZBT Presale via Wallet Management Booster — Pre-TGE Sep 24, 2025; Phase 1 Sep 25–Oct 9, 2025

According to COINOTAG News on September 23, an official...

ETF Flows: 22 Sep 2025

ETF Flows: 22 Sep 2025 Bitcoin ETFs: -$363.2M net...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img