Chainlink Price Increase Linked to Whale Accumulation

• Lyla Velez
• October 21, 2025
• Investment
• 0 Comments

Chainlink (LINK) is witnessing a significant price shift as whale wallets accumulate over 54 million tokens. This activity has been identified since October 11, where 30 new wallets withdrew a substantial amount from Binance.

The event reflects positive market sentiment, suggesting a potential rise to $27, with significant on-chain transfers influencing market dynamics.

Whale accumulation has led to the withdrawal of over 6.25 million LINK from Binance, involving up to 30 new wallets. This tightening supply hints at a positive price trajectory, with analysts predicting growth based on historical trading patterns.

Several analysts noted increased interest from whale wallets, with Ali Martinez highlighting the addition of 1.38 million LINK during a market dip.

Ted Pillows shared a similar outlook, indicating ongoing support from large market players. “Onchain data shows a lot of players accumulating $LINK. Bought some spot. ✌️”, Ted, Crypto Analyst, source.

The implications for the broader market are significant, as the potential increase in LINK’s value could influence markets and decentralized finance operations reliant on Chainlink’s oracles. Increased trading volumes have been noted, reinforcing the possibility of a price rally.

Immediate price movements have shown a 10% increase, reflecting the chain’s reduced exchange liquidity. Such on-chain activities historically precede price increases, with hints of reaching $19.95 and extending to $27.

Further analysis indicates whale behaviors might drive future market trends, highlighting the importance of monitoring major token movements. This pattern correlates with LINK’s past performance during significant withdrawal periods.

CoinGap Media: Latest Trends in Cryptocurrency Trading provides additional insights into these trading patterns, further supporting predictions for potential growth in Chainlink’s value.