Chainlink LINK Whale Activity Hits 30-Month High While Retail Holds Back

Chainlink whale addresses holding 100,000 to 1 million LINK have accumulated over 85 million tokens, reaching their highest levels since late 2022. This accumulation contrasts sharply with stagnant retail participation, creating a notable divergence in market dynamics.

LINK's price reflects this standoff, currently trading at $13.48 with minimal volatility—showing a 2.4% decline over 24 hours and a 7% monthly drop. The token has remained range-bound between $12.76 and $13.96 for seven consecutive trading days.

Significant fundamental developments underpin this activity: Chainlink's partnership with Mastercard positions it as critical infrastructure for onboarding Mastercard's 3 billion cardholders to crypto. Additionally, the project was named the official oracle provider for xStocks Alliance, further strengthening its institutional adoption narrative.