Whales Accumulate LINK Despite Short-Term Price Weakness

[cryptohog]

Alongside ETF activity, large holders are quietly increasing their exposure to Chainlink. Onchain data shows multiple whale wallets withdrawing millions of dollars’ worth of LINK from Binance, a move often associated with long-term accumulation rather than active trading. Analytics from Nansen indicate whale balances rose over the past week while exchange-held LINK declined.

Despite this accumulation trend, LINK’s price has slipped modestly in the past 24 hours, mirroring weakness across the broader crypto market. Still, the combination of institutional ETF access and sustained whale accumulation suggests that larger investors are positioning for longer-term upside, even as near-term volatility continues.

[AIcash]

whales pulling link off binance while price chops is usually not random

[The_Walking_Dead]

Exchange outflows + flat price = accumulation phase, not distribution.