Chainlink Signals Triple-Digit Rally as Whale Activity Surges and MVRV Ratio Turns Bullish

Chainlink's (LINK) price has surged by almost 8% over the past week, and some analysts believe it may be setting up for a major move. According to crypto analyst Ali Martinez, Chainlink is approaching a significant reversal as several bullish signals appear on its chart.

The MVRV Ratio has formed a golden cross with its 200-day SMA, which has historically preceded sharp rallies in LINK's price. In fact, this setup was seen ahead of a 155% rally in November 2024 and an 85% rise in July 2025.

Whale activity is also increasing, with transactions worth over $1 million on the Chainlink network rising from one to around 15 over the past 96 hours. This indicates a sharp increase in large-holder activity. Additionally, active addresses have nearly doubled during the same period, climbing from about 2,450 to 4,800.

Market watchers are divided on what this means for LINK's price. While some analysts believe it could lead to a 30% rally toward $11, others predict much higher targets of up to $100 or even $200 in the long term.