Chainlink Whales Amass 85M LINK Tokens as Retail Investors Retreat
Chainlink's large holders now control 85 million LINK tokens as retail participation declines. Exchange data shows consistent weekly outflows averaging 100,000 LINK, indicating sustained institutional demand despite the token's $12-$15 price stagnation.
On-chain analytics reveal a 40% decrease in exchange reserves year-to-date, with withdrawal transactions reaching 3,000 daily in Q4 2024. A temporary 5 million LINK inflow during March 2025's retail surge proved to be an outlier, with the dominant accumulation trend quickly resuming.
Technical analysts highlight the growing disconnect between accumulation patterns and price movement, noting that whale withdrawals are systematically absorbing retail selling pressure. 'When institutions MOVE tokens to cold storage at this scale, it typically precedes significant liquidity shifts,' notes a CryptoQuant analyst.