{"id":4974,"date":"2025-07-04T07:49:58","date_gmt":"2025-07-04T07:49:58","guid":{"rendered":"https:\/\/bitunikey.com\/news\/chainlink-whales-accumulate-85m-link-while-retail-stalls-will-link-price-follow\/"},"modified":"2025-07-04T07:49:59","modified_gmt":"2025-07-04T07:49:59","slug":"chainlink-whales-accumulate-85m-link-while-retail-stalls-will-link-price-follow","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/chainlink-whales-accumulate-85m-link-while-retail-stalls-will-link-price-follow\/","title":{"rendered":"Chainlink whales accumulate 85M LINK while retail stalls \u2014 Will LINK price follow?"},"content":{"rendered":"
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Chainlink may be quietly setting the stage for its next move, as on-chain data shows that large holders continue to increase their positions despite a lack of retail participation.<\/p>\n

According to a July 4 analysis<\/a> published on CryptoQuant by contributor Axel Adler, Chainlink (LINK) wallets holding between 100,000 and 1 million LINK, often categorized as whale addresses, have now accumulated more than 85 million tokens. Since late 2022, this is the highest amount of whale-held supply.<\/p>\n

In contrast, retail holders have remained largely inactive, creating what Adler calls a \u201cstandoff\u201d between deep-pocketed investors and smaller participants. This quiet accumulation phase has not yet translated into significant price movement.\u00a0<\/p>\n

At press time, LINK is trading at $13.48, down 2.4% in the past 24 hours and about 7% lower over the past month. Over the last seven days, it has moved within a tight range between $12.76 and $13.96.<\/p>\n

<\/p>\n

Chainlink\u2019s long-term value may be supported by recent developments. On June 24, Chainlink and Mastercard announced a major partnership that will allow more than 3 billion cardholders to buy cryptocurrencies on-chain. Through the partnership, Chainlink is positioned as a major infrastructure supplier for safe, legal cryptocurrency payments.\u00a0<\/p>\n

Furthermore, on June 30, the project was chosen as the xStocks Alliance\u2019s official oracle provider. This initiative brings more than 50 tokenized stocks and exchange-traded funds to decentralized finance by using Chainlink\u2019s infrastructure to power real-time pricing data.<\/p>\n

On the technical side, there is no obvious breakout in sight, with LINK moving sideways in a consolidation phase. The narrowing of the Bollinger Bands suggests that a more significant price move might be on the horizon. <\/p>\n

<\/source><\/p>\n<\/picture>
Chainlink price analysis. Credit: crypto.news<\/figcaption><\/figure>\n

The price is currently trading just below the Bollinger Bands midline, with $14.11 acting as short-term resistance and $13.08 as midline support. The relative strength index is near 50, indicating neutral momentum, and the MACD is slightly bullish. <\/p>\n

LINK is displaying some short-term strength, currently trading slightly above both its 10-day and 20-day moving averages. However, it remains below longer-term averages such as the 100-day and 200-day, indicating that the market is still hesitant.<\/p>\n

LINK may move toward $15 if it breaks above $14.10 with strong volume. On the other hand, it might fall towards he $12.50 level if it falls below $13.00. For now, the market appears to be waiting to see if retail traders or whales will determine the next move.<\/p>\n

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Chainlink may be quietly setting the stage for its next move, as on-chain data shows that large holders continue to increase their positions despite a lack of retail participation. According…<\/p>\n","protected":false},"author":1,"featured_media":387,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4974","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/4974","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=4974"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/4974\/revisions"}],"predecessor-version":[{"id":4975,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/4974\/revisions\/4975"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/387"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=4974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=4974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=4974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}