January 21 News, as the crypto market volatility intensifies, Chainlink (LINK) is showing clear accumulation signals in on-chain data. According to latest Santiment statistics, the top 100 whales of Chainlink have resumed buying after LINK fell below $13, accumulating approximately 16.1 million LINK since November 2025, while retail investors have continued to reduce their holdings amid panic. This “whale accumulation, retail exit” pattern often indicates that a price turning point is brewing.
Historical experience shows that when large holders concentrate their positions in key support zones, liquidity and price control gradually shift from short-term traders to long-term capital. Once a key resistance level is broken, it often triggers a rapid surge. Currently, LINK’s on-chain distribution exhibits this characteristic, indicating the market is preparing for the next trend.
From a technical perspective, an analyst pointed out that LINK remains firmly above the 0.618 Fibonacci level at approximately $9.88, which is seen as the core support for a medium-term bullish structure. The potential target ranges are $31, $52, and $100, corresponding to resistance levels in different stages of a bull market. If the price continues to stay above the 0.786 Fibonacci zone, the bullish structure will remain intact, laying the foundation for a larger upward move.
Trading behavior also provides important clues. Since July 2025, the LINK market has been dominated by Taker selling, indicating active selling pressure suppressing the price. However, after 2026, Taker buying has started to gain the upper hand, reflecting that active funds are entering to chase the price. This is often highly related to increased participation from institutions and large investors and can be a sign of a trend reversal.
In the context of macro uncertainties and crypto market volatility, Chainlink continues to attract long-term capital due to its core role in oracle and cross-chain data fields. The whale-level purchase of 16.1 million LINK not only changes the supply-demand structure but also makes “Chainlink price prediction” a renewed market focus. If buying pressure persists and successfully breaks through key resistance zones, the probability of LINK hitting a new high in 2026 is significantly increasing.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
HYPE Hits $35.53 After 2.4% Jump — Will Momentum Hold as Price Tests $35.59 Resistance?
Hyperliquid’s HYPE trades at $35.53, approaching the $35.59 resistance after a 2.4% daily gain.
The chart shows the $33.67 zone acting as support after price moved above a previously contested level.
Price now trades between $33.67 support and $35.59 resistance, shaping the immediate
CryptoNewsLand43m ago
Is Injective (INJ) a Dead Coin or the Next 2800% Opportunity? Here’s What The Chart Is Saying
The Injective price has fallen sharply from its previous all-time high, leading some traders to question whether the project has lost its momentum.
However, a recent technical analysis shared by top analyst Crypto Patel suggests that the recent decline may actually represent a typical
CaptainAltcoin1h ago
CFX 4-hour chart reaches a new high for the phase, with approximately 14% increase over 24 hours
Gate News: On March 15, market data shows that CFX reached a new phase high on the 4-hour K-line chart, with prices touching approximately 0.06282 USDT at their peak, representing a 24-hour gain of around 14%. Some community members believe this rally may be related to recent macroeconomic catalysts. Earlier, media outlets citing sources reported that Iran is considering allowing certain tankers to pass through the Strait of Hormuz on the condition that petroleum transport be settled in Chinese yuan. Related discussions have once again sparked market attention toward yuan stablecoins and cross-border payment narratives.
GateNews2h ago
After the network upgrade: What prospects await SOL?
The official approval of protocol SIMD-0266 aims to optimize computing efficiency on the Solana network by introducing p-tokens, simplifying transaction processing. This upgrade, set for April, has prompted increased buying activity and could lead to significant cost reductions and performance improvements.
TapChiBitcoin3h ago
Track FET's journey to the $0.24 milestone as the AI cryptocurrency sector records its most positive trading week in months
The cryptocurrency industry related to AI has recently recorded an impressive performance. According to data from CoinMarketCap, the total market capitalization of this sector has grown 16% in just the past week. Many leading tokens in this category have also achieved significant growth, attracting
TapChiBitcoin4h ago
DeFi enters a "winter of yields": liquidity stagnation, leverage contraction, and the disappearance of arbitrage opportunities
Since September 2025, the DeFi market has entered a "interest rate winter," with the annualized deposit yields of mainstream stablecoins dropping to lows, and supply and demand imbalances causing excess liquidity. As borrowing demand declines, stablecoin lending rates have also decreased, and the reduced risk appetite in the crypto market has led investors to shift toward more stable assets. Some protocols, such as Sky, offer stable returns through real-world assets, but the overall trend still indicates a period of adjustment and structural reform in DeFi.
区块客4h ago
