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Chainlink Whales Are Buying Big—And Everyone’s Watching What Happens Next

by Drop Gorn
April 24, 2025
in Chainlink, Crypto, Finance, Opinion
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Chainlink Whales Are Buying Big—And Everyone’s Watching What Happens Next
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  • Chainlink whales have accumulated over $36 million worth of LINK in the past week, fueling speculation of an upcoming rally as the token jumped nearly 13% during the same period.
  • Despite the buying spree, LINK dipped 4% intraday, likely due to broader market volatility, with Bitcoin and other altcoins also showing weakness.
  • Analysts like Michaël van de Poppe remain bullish, citing LINK’s growing ecosystem, U.S. partnerships, and DeFi utility—predicting the coin could reach $16 by April’s end.

Something’s up with Chainlink—and no, it’s not just another crypto rumor.

In the last few days, whales have quietly scooped up over $36 million worth of LINK tokens, sparking a fresh wave of optimism among traders and crypto watchers alike. The buying spree? It’s been aggressive, and it’s got people asking: is a LINK rally just around the corner?

Whales Making Moves: $36M Worth of LINK Bagged

According to Lookonchain, a blockchain data tracker that’s been watching the action unfold, at least 15 new whale wallets have been stacking LINK like it’s going out of style. These wallets pulled in about 2.52 million coins—yep, all from Binance—in just the past week.

And during that same window? LINK’s price jumped nearly 13%, which isn’t exactly a coincidence. Large-scale buys tend to light a fire under a token, both from a technical and psychological standpoint.

More buying pressure = more people FOMO-ing in = price momentum. Classic.

Many fresh wallets are accumulating $LINK from #Binance — at least 15 wallets withdrew 2.52M $LINK($36.43M) from #Binance over the past week.

Address:
0x0686400c348c1e492cb48ed5c6c2302871f1c5ec
0x16ee51958dab5cd01480a56489e277a7a244a71b
0x345b59810d42d190a6f28b4bdabdc12095f94a57… pic.twitter.com/nXfzbAwRK9

— Lookonchain (@lookonchain) April 24, 2025

Still… Prices Dipped? Wait, What?

Here’s where things get a little weird.

Even with all that bullish accumulation, LINK actually dropped around 4% intraday, landing near $14.20 after hitting a short-term high of $15.23. That’s got some traders scratching their heads—and raising eyebrows.

But zoom out a bit: the entire crypto market’s been choppy today. Bitcoin’s down 2%, hanging around $91K, and other top altcoins aren’t exactly thriving either. It could just be broader market noise.

Chainlink Link Price Prediction

Analysts Stay Bullish—Especially on Chainlink’s Future

Despite the dip, Michaël van de Poppe, a well-known crypto analyst, isn’t losing sleep. In fact, he’s doubling down on his LINK thesis. According to him, utility and DeFi coins like Chainlink are about to lead the next market cycle.

“This run will likely be higher than the previous one,” he posted on X, confidently.

He also pointed out that Chainlink’s team has been grinding hard—building out new partnerships, especially in the U.S., and expanding the ecosystem behind the scenes. In his words, it’s just a matter of time until the price starts reflecting all of that progress.

What’s Next for LINK?

Another prediction from CoinGape backed the bulls. Based on their 3-month bias indicator, the sentiment remains strongly bullish, suggesting that LINK could even tap $16 before the end of April.

Of course, predictions are just that—predictions. But between whale wallets going heavy, analysts backing the project, and clear signs of institutional engagement? There’s definitely something brewing in Chainlink land.

So yeah, people are watching. Closely.

Tags: $LINKBinanceChainlinkCoinGapeLookonchainMichaël van de PoppeX
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