Chainlink price holds $8.54 as whales accumulate 14M LINK

Chainlink whales have increased their activity as LINK attempts to recover from a broader market decline, with large holders reportedly accumulating more than 14 million tokens in less than a month. Summary Chainlink whales accumulated over 14 million LINK as large transactions increased sharply during recent weeks. LINK trades near $8.54, with improving RSI and MACD signals supporting its latest recovery attempt. Falling exchange reserves reduce available selling supply, though LINK must reclaim $9–$10 for stronger momentum. LINK traded near $8.54 at the time of writing, down about 0.6% over the past 24 hours. The token had a market capitalization of roughly $6.39 billion and daily trading volume of about $175.24 million. Its 24-hour trading range stood between $8.53 and $8.72, according to crypto.news market data. Chainlink whale activity rises as large holders accumulate LINK Onchain data shared by crypto analyst Ali Martinez showed that Chainlink whale activity had increased over the past two weeks. More than 20 transactions valued above $1 million each were recorded during one recent session, which Martinez described as evidence of “growing interest from large holders.” Separa...