Chainlink Sees Heavy Accumulation – Whales Add 8M LINK In One Month

Chainlink is entering a pivotal moment in its market cycle, with bullish sentiment returning after a prolonged period of underperformance. Since late June, LINK has surged over 70%, marking its strongest rally in months and reigniting investor confidence. The price action signals that this could be more than just a relief bounce—it may be the start of a broader recovery trend.

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Market participants are paying close attention, especially as fresh on-chain data from Santiment reveals a surge in whale accumulation. Addresses holding large amounts of LINK have been steadily increasing their positions, a trend often associated with confidence in further upside. This accumulation, paired with strengthening technicals, suggests that the market may have finally established a local bottom.

Chainlink’s price breakout is also occurring within the broader context of an altcoin resurgence, as Ethereum reclaims critical levels and overall sentiment shifts toward risk-on behavior. For Chainlink holders and observers alike, the next few weeks will be crucial.

Whale Accumulation, Regulatory Clarity Signal Bullish Path For Chainlink

Chainlink appears to be gearing up for a potential breakout as strong fundamentals align with renewed bullish sentiment. According to top crypto analyst Ali Martinez, on-chain data shows that whales have accumulated over 8 million LINK tokens in the past month. This buying spree suggests that large holders are positioning themselves for a significant upside move, reinforcing the view that Chainlink may be entering the early stages of a bullish continuation.

Since February, LINK has experienced a deep and often volatile consolidation phase. Despite moments of upward momentum, the token struggled to break above key resistance levels—until now. The latest rally, coupled with visible whale accumulation, indicates that the consolidation could be ending, opening the door for a new leg higher. If momentum holds, Chainlink could begin targeting higher supply zones last tested during the late 2024 rallies.

Adding to the bullish outlook, recent developments on the regulatory front could provide long-term tailwinds. The passage of the GENIUS Act and Clarity Act in the US Congress has created a more favorable environment for blockchain projects with real-world utility.

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