Chainlink Price Breakout Hopes Rise as Whale Accumulation Continues

Chainlink (LINK) is gaining market attention due to whale accumulation and expanding network activity. According to crypto analyst Ali Charts, large holders have continued adding LINK despite overhead resistance, accumulating over 2.50 million tokens in the past 10 days.

This whale buying comes alongside steady growth in new LINK addresses, indicating rising market participation. Analyst Ali Charts reported that nearly 1,500 new LINK addresses are being created each day, pointing to continued expansion in network participation.

LINK is currently trading around $14.33-$14.50, keeping the token below key resistance zones identified by Ali Charts at $16 and $17.70. The near-term structure depends on whether LINK can continue advancing toward these levels while maintaining its recent recovery.