Analysis of data around Chainlink shows that whale presence is strengthening amid weak retail investor interest. The outflows and current trading ranges of LINK paint an interesting picture for market observers.
Whale Accumulation and Exchange Outflows
Chainlink whales have been systematically withdrawing tokens from exchanges, accumulating them without causing significant price disruptions. Average outflows are around 100,000 LINK per week, indicating strong institutional interest.
Exchange reserves have dropped approximately 40% year-to-date. This pattern of outflow and accumulation highlights opportunities for larger players capitalizing on retail sell pressure to increase their positions. A short-lived spike in March 2025 saw 5 million LINK deposited to exchanges, but those figures soon reverted to negative.
Weak Retail Activity for Chainlink
Despite the growing popularity of Chainlink among decentralized finance protocols, retail user activity remains at flat levels of 28,000 to 32,000 active addresses daily. Transaction volumes fluctuate around 9,000 per day without showing growth trends.
This stagnation negatively impacts the potential for LINK price growth, which currently ranges between $12.76 and $14.00. Without substantial retail interest, the likelihood of price acceleration seems low.
Technical Resistance Levels and LINK Price Forecasts
LINK is trading within the range of $12 to $15, with key resistance levels under close scrutiny by technical analysts. A breakthrough at strong resistance levels could pave the way for rises towards $16 and beyond. Current support levels appear solid, sitting above $12.
For a genuine breakout, active addresses need to rise above current levels, and transaction volumes must increase. Without a resurgence in retail interest, LINK risks a decline towards the $10 support levels.
Overall, the current situation surrounding Chainlink demonstrates a stark divide between whale and retail investor activity. Monitoring resistance levels and demand dynamics will be crucial for determining short-term price prospects.
