Whales Swim Back! 🐋💸 $263M Link Grabbed!

Lo! In the vast expanse of the digital realm, where fortunes are forged and shattered with the flick of a keyboard, the top 100 whales of the Chainlink network have once again embarked upon a journey of accumulation, their sails furled in quiet defiance of their former penchant for distribution. A tale of crypto caprice, if ever there was one.

Top Chainlink Addresses Have Been Adding Since The Start Of November

Behold, the venerable Santiment, that oracle of on-chain wisdom, has penned a missive upon the hallowed platform of X, revealing the latest antics of the 100 largest wallets-those titans of the blockchain, whose holdings sway the tides of market sentiment like a pendulum of fate. To them, the term “whales” is but a humble descriptor, for their wealth is as deep as the Mariana Trench.

These behemoths, whose influence rivals that of emperors in ancient times, are ever the subject of scrutiny, for their actions may herald storms or calm seas. Thus, we must watch them closely, like a hawk upon a perch, for their every move is a riddle wrapped in enigma.

Here, dear reader, is the chart shared by Santiment, a tapestry woven by the hands of on-chain scribes, depicting the ebb and flow of Chainlink’s supply held by these mighty wallets:

Observe how, in the month of October, the combined supply of these 100 wallets waned, as if the whales had cast their treasures into the abyss. A time of selling, when the price of LINK, that fickle mistress, plummeted like a stone into a well. Yet, lo! The selloff ceased at the dawn of November, and the indicator, that fickle barometer of hope, reached its nadir.

And then, a reversal! A return to the path of accumulation, as if the whales, having learned from their past folly, now embraced the path of prudence. According to Santiment, these titans have amassed 20.46 million tokens, a sum of $263 million, which not only retraced their earlier losses but surpassed them, like a phoenix rising from the ashes of doubt.

Yet, the pace of this buying has been as erratic as a drunken sailor’s gait. Most of the action occurred in November, while December, that fickle month, has offered but a whisper of activity. A tale of inconsistency, if ever there was one.

What shall the future hold for these 100 investors, those stewards of digital gold? Will they continue their dance of accumulation, or shall the market’s whims lead them astray? Only the digital gods know, but one thing is certain: the saga of Chainlink is far from over. 🐋💸

In other news, the Chainlink network, that steadfast steed, has lost a vital technical support line, as the astute Ali Martinez has lamented upon X. A tragic tale, for the support line, that guardian of stability, now lies in ruins, its promise shattered like a glass mirror.

As the chart reveals, Chainlink, that resilient phoenix, tested this line twice in the first half of 2025, each time finding solace in its embrace. Yet, the latest downtrend proved too much, and the asset fell below the line for the first time since 2023-a moment of despair for the faithful.

After this fall, LINK attempted to reclaim its former glory, but the retest from below was met with scorn, a sign that the support may now be a foe, a wall of resistance rather than a shield of hope.

LINK Price

And now, the price of LINK, that elusive specter, hovers around $12.96, a figure as capricious as the winds of change.

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2025-12-17 11:13