Chainlink Whale Wallets Hit Record Highs -- Here's When the LINK Price Rally Could Begin

Chainlink's fundamentals remain robust as whale activity climbs, with wallets holding at least 100,000 LINK reaching a new high of 805 addresses. The LINK price has hovered near $9, about 70% below its previous cycle peak, underscoring a disconnect between on-chain progress and price action. Large investors continue to accumulate despite protracted consolidation, signaling confidence in Chainlink's long-term story.

Santiment notes Chainlink leads development activity after Hedera, reflecting ongoing enterprise integrations and cross-chain work. The price chart shows an ascending channel with resistance near $10–$10.2 and a higher-low pattern suggesting buyers remain active. Taken together, rising whale holdings and sustained development could precede a macro breakout.