Whales Purchase 1.38M LINK Amid Price Dip
- Chainlink witnessed significant whale accumulation during a recent price dip.
- 1.38 million LINK purchased by whales amid exchange outflows.
- Potential rise in Chainlink’s market value speculated by analysts.
Whales have recently bought over 1.38 million Chainlink (LINK) tokens during a price dip, significantly affecting exchange reserves and sparking discussions of a potential bull run.
The large-scale LINK accumulation signals possible price recovery, influencing market dynamics and highlighting increased institutional interest due to major enterprise partnerships.
During a recent price dip, whale wallets accumulated over 1.38 million LINK, fueling speculation of a potential bull run. On-chain data highlights these whale moves as they extract LINK from exchanges, reducing available supply.
Major whale wallets, including “0x4EBD,” acquired the LINK recently. No statements from Chainlink founder Sergey Nazarov on this event.
The Chainlink Foundation also stayed silent, focusing on protocol updates.
This accumulation caused exchange reserves to hit multi-year lows, highlighting the significant amount withdrawn by whales. LINK’s supply on exchanges reduced, indicating a potential price appreciation in the future.
Over $31 million worth of LINK was acquired by whales. Exchange liquidity dropped significantly, showing a demand shift. Institutional signals and partnerships indicate a possible price rise.
Similar whale acquisitions in the past have preceded bullish trends, particularly noted in 2021. With current partnerships and institutional interest, LINK’s value has potential to reflect these patterns.
Crypto analysts suggest a possible LINK price rebound due to whale movements. Historical data supports the theory of post-dip surge linked to strategic acquisitions and growing institutional interest.
Profit Wala, Crypto Market Analyst, Binance Square, said: “Exchange reserves hit multi-year lows — whales are stacking LINK like it’s 2021 again. Rock-Solid Fundamentals: LINK is the backbone of real-world data for DeFi, RWAs & AI — no competitor comes close.”
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Italy orders non-compliant VASPs to exit as MiCAR rules kick in
Local Leadership and the Drive for Technological Advancement: How Minneapolis is Building Economic Strength
- Minneapolis integrates AI and centralized IT systems to boost municipal efficiency and tech-driven governance. - The city's medical tech sector leads with 16% U.S. talent share and 16 expansion projects in 2024. - Workforce shortages (59% hiring challenges) and rising costs hinder scalability despite innovation gains. - Investors face opportunities in medtech and AI tools but lack transparent metrics for evaluating tech ROI. - Minneapolis highlights the need for balancing tech innovation with accountabil
The Impact of a 30% Increase in ICP Token Value on Investments in Blockchain Infrastructure
- ICP's 30% price surge to $4.71 in November 2025 stems from ICP 2.0 upgrades (Caffeine, Internet Identity 2.0) and institutional partnerships with Microsoft Azure and Google Cloud. - This growth challenges AWS/Azure dominance, with ICP's Fission upgrade enabling scalable decentralized storage and attracting enterprises seeking alternatives to centralized cloud providers. - However, regulatory uncertainty and market volatility (e.g., 91% drop in token transfers during dips) raise questions about long-term
The Economic Impact of Incorporating AI in Sectors Driven by Data
- Global AI infrastructure investments by tech giants like Alphabet and Microsoft are projected to reach $315B in 2025, generating $15T in economic value by 2030 through automation and analytics. - The U.S. leads with $470B in AI infrastructure funding (2013-2024), driven by cloud expansion expected to hit $3.4T by 2040, creating fragmented markets for consolidation. - Data-centric ecosystems (e.g., JHU, ICP Caffeine AI) enable pharmaceuticals and finance firms to build competitive barriers via proprietary
Trending news
MoreCrypto prices
More
