Chainlink LINK Whales Ramp Up Accumulation as Bullish Technical Pattern Emerges

BTCC / BTCC Square / Global Cryptocurrency /

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2025-05-02 17:38:11

Chainlink LINK News -

Chainlink’s native token LINK is consolidating NEAR $14.20, representing a 45% recovery from yearly lows. This sideways trading masks growing institutional interest, with on-chain data showing sustained accumulation by major holders.

Whale addresses holding 100,000-1 million LINK now control 173 million tokens, a 21% increase since November. Larger entities (1-10 million LINK) have similarly expanded their holdings to 203 million coins. This $420 million accumulation signals strong conviction among sophisticated investors despite recent price stagnation.

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