Chainlink Surges 12% on Golden Cross and Whale Buying Wave

Chainlink (LINK) has entered a potentially pivotal phase as a rare Golden Cross and a surge in whale activity suggest strong momentum for a new bullish cycle. In August 2025, crypto analyst Rekt Fencer noted that LINK triggered its third-ever monthly Golden Cross, a technical signal historically associated with major price rallies [1]. The last two Golden Cross events led to sharp upward movements, prompting traders to speculate on how high the price might rise this time.

On-chain data reveals that whale activity has reached a seven-month high, further reinforcing the bullish outlook. Whale transactions surged from under 20,000 in spring 2025 to nearly 100,000 by August as the price of LINK climbed from $12 to over $27 [1]. This sharp increase in whale participation coincided directly with price surges, notably in July and August when the token approached $25 and then exceeded $27, indicating strong institutional accumulation and confidence in the asset.

Historically, LINK has demonstrated resilience and the ability to deliver significant returns. Between 2019 and 2021, the token surged over 2,550% to exceed $50. After a subsequent downturn, it showed strength during the 2022 market collapse by maintaining support between $5 and $10. In 2023, it rebounded with a 314% gain, and by mid-2025, it rose by 302%, reaffirming its momentum [1].

The alignment of whale activity with price strength suggests that large investors are playing a key role in driving Chainlink’s rally. As whale inflows continue to push the price back above $26, optimism grows among investors and analysts alike. Whale behavior in the crypto market is often seen as a leading indicator, and the current surge in accumulation points toward further upside potential.

In addition to on-chain signals, broader macroeconomic conditions have supported Chainlink’s recent performance. The Federal Reserve’s dovish pivot in late August 2025 sparked a general crypto market rally, with LINK rising around 12% to a new yearly high [2]. The improved liquidity and risk-on sentiment have benefited altcoins with strong fundamentals and utility, including those with growing adoption in DeFi and cross-chain ecosystems.

The convergence of a Golden Cross, whale accumulation, and favorable market conditions has created a compelling case for further gains in the short term. While the market remains volatile, these signals suggest that Chainlink may be entering a new phase of appreciation. Market structure analysis shows that LINK consistently rebounds from corrections and builds higher price floors, further supporting a bullish outlook.

Source:

[1] Chainlink Golden Cross and Whale Surge Signal Next Explosive Rally

https://cryptofrontnews.com/chainlink-golden-cross-and-whale-surge-signal-next-explosive-rally/

[2] Chainlink Momentum Rebuilds Above $26 But Remittix ...

https://www.mitrade.com/insights/news/live-news/article-3-1064022-20250824

[3] Fed's Dovish Pivot Sparks Crypto Frenzy: Ethereum Hits ...

https://ts2.tech/en/feds-dovish-pivot-sparks-crypto-frenzy-ethereum-hits-record-high-bitcoin-117k-breakout-xrp-etf-moves-more-aug-22-23-2025/