LINK Exchange Reserves Fall by 2.07 Million Tokens Amid Whale Activity
Chainlink's native token, LINK, has seen significant developments recently due to declining exchange reserves and increased whale activity.
- Over 2.07 million LINK tokens were withdrawn from exchanges in 48 hours, indicating rising investor confidence.
- A whale, who previously earned $1.72 million from LINK trading, purchased 663,580 LINK for $16.85 million.
- LINK reached a new high of $27.8 in 2025 amid favorable comments from Federal Reserve Chair Jerome Powell.
- Chainlink secured ISO 27001 and SOC 2 Type 1 certifications, becoming the first blockchain oracle provider to do so.
- The Chainlink Reserve acquired 41,000 LINK ($1 million), raising total holdings to 150,778 tokens valued at over $4.1 million.
- Chainlink partnered with Japan’s SBI Group to develop financial tools, focusing on tokenized assets and stablecoin verification.
- Current LINK trading price is around $25.1, facing resistance at $26.8–$28 and support at $22–$23.
- Momentum indicators show positive trends with an RSI of 59 and Chaikin Money Flow at +0.16, suggesting continued buying pressure.
