Chainlink News: Whale Transactions Hit A 5-Month High amid Price Breakout
Key Insights:
- Chainlink news shows whale activity hit a 5-month high, with 246 transactions worth over $100,000 recorded in 24 hours.
- LINK whales now hold 46.57% of the total supply as accumulation accelerates.
- Chainlink price has broken a multi-month downtrend, with traders eyeing $10.87 and potentially $12.20 next.
Latest Chainlink news shows whales are picking up large amounts of LINK again. Santiment data reveals that Chainlink recorded 246 separate LINK transactions exceeding $100,000 each in the last 24 hours. That marks the highest daily whale count in five months.
Meanwhile, Chainlink price surged on the day to break a multi-month downtrend. LINK price prediction now sets targets at the previous yearly high around $12.20. Is the recent breakout enough to push Chainlink to those levels?
Chainlink News: Whale Transactions Smash a 5-Month High
Data from Santiment analytics shows wallets holding between 100,000 and 10,000,000 LINK now control 466.31 million coins. That equals 46.57% of the total supply. This whale surge has come with real balance growth, not just noise from transfers or exchange shuffling.
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