Whales have quietly added 85 million LINK tokens to their holdings, pushing exchange reserves down by 40% since early 2024.
Retail activity remains flat, keeping Chainlink's price steady around $13, despite strong accumulation and on-chain indicators pointing to institutional interest.
Chainlink's price is currently around $13.38, with whale activity intensifying in the $12 to $15 price range.
The future breakout of Chainlink hinges on either an increase in retail engagement or a slowdown in whale accumulation, as the cryptocurrency remains caught between strong accumulation and weak market participation.