Chainlink Price Taps Four-Year Demand Zone as Whales Accumulate

Chainlink's (LINK) market capitalization has hovered around $6.25 billion over the past week, with daily trading volume averaging about $215 million.

This activity is largely driven by retail traders and whales, as institutional investors have remained on the sidelines.

One whale added $22 million to their holdings, buying 266.4K LINK worth $2.15 million from Binance before transferring it to a Gnosis Safe multisig wallet.

This move is seen as a sign of long-term holding rather than short-term trading.