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Price of Chainlink (LINK) Reaches Seven-Month High Due to Whale Purchases

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by Giorgi Kostiuk

2 hours ago


Chainlink (LINK) continues to attract attention in the cryptocurrency market, demonstrating significant growth and whale activity.

Chainlink (LINK) Price Surge

Currently, Chainlink has seen a rise of about 20% over the past week, trading around $25. This increase followed the breakthrough of a critical resistance zone between $20 and $21 that had been tested multiple times since early 2025.

Whale Activity

Analyzing Chainlink's rise, analysts from Santiment noted that LINK is proving to be a strong force in the altcoin market, rising above $26 for the first time in seven months. On-chain data shows a notable increase in whale activity, with whale wallets adding over 1.1 million LINK addresses worth approximately $27 million, boosting their holdings by over 12% during the same period.

Future Outlook

Additionally, according to Lookonchain’s report, a large whale, which has been increasing its LINK purchases recently, made a further acquisition of 249,808 LINK worth $6 million, bringing its total purchases to 1,293,757 LINK ($31.15 million) within the last four days.

Thus, Chainlink (LINK) shows a solid growth trend and increased activity from major investors, indicating positive market expectations in the near future.

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