Chainlink Whale Accumulation Drives 13 Price Surge as Institutional Interest Rises

Generated by AI AgentCoin World
Friday, Aug 8, 2025 2:38 am ET1min read
LINK
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Aime RobotAime Summary

- Chainlink (LINK) surged 13% as whale investors added 4.2% of its supply in August 2025, boosting 24-hour trading volume to $1.37 billion.

- Network upgrades like Data Streams for U.S. stocks and the Chainlink Reserve aim to enhance functionality and drive token demand.

- Technical indicators show bullish momentum, with RSI at 61 and key resistance levels near $20.50 signaling potential for a price breakout.

- Institutional interest and whale accumulation suggest continued upward pressure, with markets watching if LINK can break the $20 psychological barrier.

Chainlink (LINK) has seen a significant price movement, rising 13% in a 24-hour period as whale investors accumulate a notable portion of the token’s supply. According to on-chain data, major wallets holding between 100,000 and 1 million

LINK
increased their holdings by 4.2% in August 2025, adding 0.67% of the total supply to their portfolios [1]. This accumulation coincides with increased trading activity, with the token’s 24-hour trading volume surging by 300% to $1.37 billion [1]. At current levels, LINK is trading at $18.89, suggesting a growing interest from institutional and high-net-worth investors [1].

The surge in whale activity is attributed to recent developments in the

Chainlink
network, including the launch of Data Streams for U.S. stocks, which provides real-time data for tokenized assets. Additionally, the Chainlink Reserve was introduced to support long-term network sustainability and incentivize node operators [1]. These upgrades enhance the platform’s functionality and are likely to drive further adoption and demand for the native token.

From a technical perspective, the asset is showing bullish momentum. All major moving averages are currently in a buy territory, and the Relative Strength Index (RSI) stands at 61, indicating that the token still has room for further appreciation before reaching overbought territory [1]. Analysts have noted that the next key resistance level is between $20.50 and $21, which, if sustained by continued whale accumulation, could signal a potential breakout [1].

The increased interest from large investors and the recent upgrades suggest that Chainlink is gaining traction in both the developer and investor communities. As whale activity continues, the market is closely watching whether LINK can break past the $20 psychological barrier and establish a new upward trend. Given the current on-chain behavior and technical outlook, the asset appears to be in a strong accumulation phase that could set the stage for further price movement.

Source: [1] Chainlink Sees Whale Accumulation: Could Price Break Above $20 With Continued Momentum? (https://en.coinotag.com/chainlink-sees-whale-accumulation-could-price-break-above-20-with-continued-momentum/)