Chainlink LINK Whale Activity Surges to Seven-Month High as Price Holds Strong

BTCC / BTCC Square / Global Cryptocurrency /

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2025-08-16 00:53:10

Chainlink LINK News -

Chainlink's LINK token is attracting significant attention from major holders, with whale transactions exceeding $100,000 reaching a seven-month high of 992 on Thursday. This spike in high-value activity pushed LINK to $24.31 before a minor correction, highlighting institutional confidence despite broader market stagnation.

On-chain data shows continued accumulation, with 232 whale transactions recorded today alone. According to Santiment, daily active addresses have increased by 55% since early August, indicating strong network engagement. Market analysts view this as a bullish signal—price stability during heavy accumulation often precedes upward momentum.

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