Chainlink Jumps 30% on $13M Whale Buys and Institutional Deals

Generated by AI AgentCoin World
Wednesday, Aug 13, 2025 10:11 am ET1min read
LINK
--
Aime RobotAime Summary

- Chainlink (LINK) surges 30% amid $13M whale buys and institutional deals with Fidelity, JPMorgan, hitting $21 with $1.35B daily volume.

- SEI approaches $0.33 resistance; a breakout could reverse bearish trends, with $160M+ trading volume showing sustained retail/institutional interest.

- BlockDAG raises $373M in presale (25B tokens sold), nearing $600M target, projecting 3,522% returns if post-launch price hits $1.

- Combined whale activity, institutional backing, and technical momentum across these projects signal renewed crypto market confidence and potential consolidation/breakouts.

In the latest developments across the crypto market, three projects—Chainlink (LINK),

SEI
, and BlockDAG—are drawing significant attention as they each progress toward key milestones.
Chainlink
has surged over 30% in the past week, driven by $13 million in whale purchases and growing institutional partnerships with major Web3 players such as Fidelity, Swift, and
JPMorgan
. The price currently hovers near $21, with daily trading volume reaching $1.35 billion and a rise in daily active addresses to 9,410, indicating heightened engagement from both retail and institutional investors [1].

SEI, on the other hand, is approaching a critical price level as it tests a key resistance of $0.33. The SEI price prediction hinges on a breakout above this level, which would signal the end of a bearish trend and open the door for substantial upside. The token’s 24-hour trading range has remained within $0.315–$0.327, closing near $0.32, while trading volume has surpassed $160 million, reflecting sustained market interest [1].

Meanwhile, BlockDAG is making rapid progress toward its $600 million presale target, with $373 million already raised and 25 billion BDAG tokens sold to over 200,000 unique holders. The project’s presale is structured in batches, with the current Batch 29 price set at $0.0276, creating a sense of urgency as each stage nears completion. Projections suggest a potential 3,522% return if the token reaches $1 post-launch. This momentum is supported by strong community engagement, over 4,500 developers preparing more than 300 Web3 projects, and the X1 Miner app already boasting 2.5 million registered users [1].

The convergence of whale activity, institutional backing, and clear price action across these assets underscores a broader trend of renewed confidence in the crypto market. Chainlink’s institutional expansion and on-chain activity, SEI’s technical breakout potential, and BlockDAG’s rapid presale progress each represent distinct but interconnected drivers of market momentum. As traders and investors continue to watch these developments closely, the next phase of market action could see further consolidation or breakout across these key names [1].

Source: [1] Chainlink Climbs 30% & SEI Eyes $0.33 Breakout While BlockDAG Closes in on $600 Million Goal as Presale Speeds Up

(https://coinmarketcap.com/community/articles/689c95af7112a54641073257/)