Chainlink LINK Eyes 85% Surge as Whale Accumulation Intensifies
Published:
2025-09-11 15:21:48
Chainlink LINK News - Chainlink's native token
LINK has rallied for five consecutive days, reaching its highest level in nearly two weeks. The upward momentum appears sustainable as on-chain data reveals accelerated accumulation by major investors and growing reserves in the network's strategic treasury. Whale addresses have increased their LINK holdings by 22% over the past month, now controlling 5 million tokens according to Nansen analytics. This buying pressure coincides with tokens migrating off exchanges—exchange reserves have dropped from 275 million to 270 million LINK since August, reducing available supply. The protocol's fundamental case strengthens with high-profile adoption. UBS, the world's largest wealth manager, recently integrated Chainlink's oracle services. The U.S. government now uses the network to distribute macroeconomic data, validating its enterprise-grade reliability and institutional adoption.
By:
|Square
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