Major Investors Strengthen Their Positions in Chainlink
Date: 2025-10-24 Author: Oliver Abernathy Categories: BUSINESS
Major investor activity around Chainlink (LINK) continues to gain momentum. According to analytics services Lookonchain and Santiment, in recent weeks, major market players have been actively withdrawing and accumulating significant volumes of the token from centralized exchanges.
According to Lookonchain, one large address withdrew over 62,000 LINK from the OKX exchange, equivalent to approximately $1.07 million. Over the past five months, this same investor has increased its holdings to 1.1 million LINK, valued at nearly $19 million. Another large market participant transferred 66,000 LINK (over $1.14 million) from Kraken in recent hours, bringing its total monthly holdings to 307,000 LINK (approximately $5.34 million).
Meanwhile, Santiment analysts note that addresses holding between 100,000 and 1 million LINK are steadily increasing their holdings. Over the past year, they have increased their total holdings by 40 million LINK, by 12.9 million in the past six months, by 8.7 million in the past three months, and by 2.8 million in October alone. Experts attribute this trend to major players' confidence in the project's long-term potential.
Santiment's report also highlights LINK's 30-day average return. Historically, when it falls below minus 5%, it indicates a favorable moment to enter the market, as the price often begins to recover from such declines.
At the time of publication, LINK is holding above $17, according to TradingView. This price strengthening is observed amid growing investor interest and the overall activity of large holders, which analysts view as a positive sign for the asset's future price movement.
Earlier, the Chainlink team announced the creation of a special reserve of LINK tokens, further boosting market confidence. Experts believe such initiatives contribute to strengthening the project's ecosystem and increasing the stability of its token.
Thus, data from analytical platforms indicates a steady trend of LINK accumulation by large investors. This could indicate that a new phase of interest in Chainlink is emerging in the market, with current price levels seen as favorable for long-term investment.
