Whales Are Back: Chainlink (LINK) Enters “Ideal Accumulation Zone”
Chainlink’s on-chain data and whale accumulation hint at a potential bullish cycle. Analysts say LINK could soon outperform Bitcoin if key resistance levels break.
The altcoin market is witnessing renewed interest in Chainlink (LINK) as large wallets are reportedly accumulating heavily.
On-chain data, technical analysis, and sentiment indicators indicate that LINK may be entering a new bullish cycle — potentially outperforming Bitcoin in the coming period. But is this the start of a new “super wave,” or just a flicker before the storm?
Big Money Flowing In, On-Chain Indicators Turn “Green”
Over the past 30 days, Chainlink (LINK) has notably increased development activity and network engagement.
Data from Santiment shows that Chainlink ranks among the top 10 RWA projects with the highest development activity. This highlights the network’s growing importance in the Real World Assets (RWA) ecosystem, where demand for off-chain data and oracle solutions has become essential.
Chainlink is among the Top 10 RWA projects with the highest development activity. Source:
Santiment
On-chain data from Santiment also reveals that LINK’s 30-day MVRV ratio (measuring the average profit/loss of wallets active in the past month) dropped below -5% on October 17, 2025, a level analysts often describe as an “ideal accumulation zone.” In other words, most short-term investors are currently at a loss, which historically tends to be the phase when whales start accumulating.
30-day MVRV ratio of LINK. Source:
Santiment
In fact, LINK has recently witnessed several large-scale accumulation transactions. Whales have been withdrawing LINK from exchanges, which are widely interpreted as long-term holdings.
Whale LINK withdrawals. Source:
Ted
Although LINK recently retraced to the $16–$17 range, it has firmly held the $18 support level. According to another analyst, if the price breaks above $20, overall market sentiment could quickly shift back to bullish.
Expert Insights: A New Bull Cycle or Hype Effect?
Several technical analysts, such as Daan, point out that Chainlink has historically outperformed the altcoin index (TOTAL2) during strong market rallies since 2021. Each time a similar accumulation pattern appears, LINK is often among the first tokens to lead the next wave. Michaël van de Poppe, sharing the same view, noted that the LINK/BTC price structure shows signs of a major breakout ahead.
LINK & TOTAL2. Source:
Daan Crypto Trades
At this point, three major factors seem to converge to create a potential bullish scenario for LINK. First is whale accumulation, which signals growing long-term confidence. Second, the robust on-chain foundation and Chainlink’s expanding role in RWA applications provide sustainable demand for the token. Third, a positive technical setup with strong support zones and profoundly negative MVRV ratios suggests a possible price reversal.
However, these signals don’t necessarily guarantee an immediate bull run. The altcoin market still depends heavily on Bitcoin’s overall trend; if BTC experiences a sharp decline, LINK will also likely be affected. Moreover, optimistic projections such as LINK hitting $100 remain speculative, relying largely on overall liquidity and capital inflows across the crypto market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Astar (ASTR) Price Rally: Rising Interest in Blockchain Infrastructure and Cross-Chain Operations
- Astar (ASTR) surges in 2025 due to institutional adoption, technical upgrades, and cross-chain interoperability. - Its 2.0 upgrade enables 150,000 TPS, scalable to 300,000 via JAM protocol, while dynamic tokenomics balances inflation with burning. - Partnerships with Sony , Toyota , and Japan Airlines drive real-world blockchain applications like tokenized loyalty programs. - Astar maintains $2.38M TVL amid DeFi contraction, leveraging cross-chain infrastructure and enterprise-grade reliability. - Future

Astar 2.0’s New Direction: Driving DeFi Innovation and Attracting Institutional Participation
- Astar 2.0 introduces fixed-supply tokenomics, interoperability upgrades, and decentralized governance to attract institutional investors and redefine DeFi. - Tokenomics 3.0 caps ASTR supply at 10.5B, reducing inflation risks and aligning with Bitcoin’s scarcity model to boost institutional confidence. - Plaza and Startale App enhance cross-chain asset flows and user accessibility, addressing scalability and onboarding barriers for institutions. - Governance reforms shift to community-driven councils by 2

Ethereum News Today: Ethereum Faces a Scaling Challenge: Striving for Both Efficiency and Decentralization
- Ethereum's gas limit surged to 60 million (a four-year high), supported by 513,000+ validators to enhance throughput and reduce congestion. - Developers aim to triple the limit to 180 million, with Vitalik Buterin proposing a 5x increase via optimized gas pricing for efficiency. - The Fusaka upgrade (Dec 3, 2025) will codify this change, boosting Layer 1 throughput by 33% and Layer 2 by 133%. - Ethereum prioritizes targeted scaling over fee wars, maintaining decentralization while enabling sub-cent trans

Bitcoin News Today: While U.S. markets take a break for Thanksgiving, the nonstop nature of crypto fuels a $90K rally in Bitcoin
- U.S. crypto markets surged as Bitcoin (BTC) hit $90,000 during Thanksgiving 2025, defying traditional market closures. - Price rebound followed November losses, with analysts linking BTC/ETH/SOL gains to potential Fed rate cuts and improved liquidity. - Turkmenistan legalized crypto trading under strict state control, mandating licensing and cold storage while banning bank involvement. - Innovations like Avail's cross-chain liquidity platform and Bybit's CEX-integrated liquidity farms highlighted sector

