Dec 17, 2025
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Chainlink Whales Accumulate $263 Million LINK Since November
Recent on-chain data shows that the top 100 Chainlink ([LINK](https://holder.io/coins/link/)) whales have resumed accumulating the asset after a previous phase of distribution.
Key Points
- The top 100 largest Chainlink wallets, which significantly influence the market, began selling their holdings in October amid a price crash.
- Accumulation resumed at the start of November, with these addresses adding 20.46 million LINK tokens (approximately $263 million) to their holdings.
- This accumulation reversed the October drawdown and increased their holdings beyond previous levels.
- The majority of this accumulation took place in November, with limited activity observed in December so far.
Chainlink recently lost a multi-year technical support line, as highlighted by analyst Ali Martinez. The asset failed a retest of this line after the latest price downtrend, suggesting a potential shift from support to resistance.
Current Price
Chainlink is currently trading around $12.96.
