Chainlink Whales Fuel Price Rally with $33M Token Accumulation

Recent on-chain data reveals that Chainlink whales have been actively accumulating LINK tokens over the past month. According to blockchain analytics platform Santiment, wallets holding between 100,000 and 10 million LINK accumulated approximately 32.93 million tokens during this period.

This trend of whale buying has been observed even as the broader market remains relatively muted in terms of price action. Historically, similar accumulation phases have preceded stronger LINK price rallies as exchange liquidity gradually declined.