Despite being one of the largest altcoins by market value, Chainlink (LINK) has struggled to reach desired price levels throughout 2025, even after securing partnerships with major companies such as Swift and Mastercard. Although Chainlink has become highly dominant in its sector, the LINK Coin continues to linger below $14. However, recent activities by cryptocurrency “whales” have signaled potential movement.
Whale Activity in Chainlink (LINK)
Darkfost, a CryptoQuant analyst, recently highlighted the increasing activity of LINK Coin whales in a market evaluation. Although the price has not met expectations, whale activity has ramped up. Particularly on the Binance exchange, whale movements have led to a sharp increase in LINK Coin withdrawals.
The analyst noted that the daily average withdrawal of LINK Coins from Binance, usually around 1,500, has surged to 4,500. This pattern started taking shape as LINK traded between $12 and $13 following a significant correction of approximately 50%.
Historically, such behavior occurs after strong correction phases. As prices significantly decrease, whales intensify their activity, seizing lower-cost opportunities to bolster their positions. If this accumulation persists, it could establish a definitive bottom for LINK, potentially leading to an uptrend.
The downturn has presently paused, and the increase in whale withdrawals is interpreted as movement of exchange assets to cold wallets. If market sentiment remains robust, with whale support, LINK Coin may climb back above $20.
LINK Coin ETF Aspirations and Price Dynamics
At $13.31, LINK Coin has not fully capitalized on the surge seen in meme coins, which gained an average of 6%, while DePIN achieved a 4% increase. AI and NFT tokens have also risen more on average compared to LINK Coin.
Friday’s ETF data were anticipated to be significant. The January uptick across cryptocurrencies did not significantly excite ETF channel investors, with only $822,000 in inflows according to SoSoValue data. Although it’s the largest inflow since December 22, the spot price for LINK Coin has yet to make a move, deterring ETF channel investors from seeing potential opportunities.
Long-term institutional investment in Chainlink is anticipated to flow through the regulated LINK Coin ETF, potentially creating a rally. However, such circumstances have yet to materialize.
