Whale Moves $31.15M in LINK as Chainlink Hits $26 for First Time in 7 Months

3 mins mins

Key Insights:

Whale withdrawal of $31.15M signals strategic moves, boosting LINK’s market momentum.
Chainlink’s price hits $26 for the first time in 7 months, marking a key growth milestone.
LINK’s on-chain activity hits record highs, signaling strong user adoption and market confidence.

coincu A whale with sunglasses and a money bag splashing around 99991a67 dcac 4bbc ba8d 65cabe752e86 1 — *Whale Moves $31.15M in LINK as Chainlink Hits $26 for First Time in 7 Months*

Chainlink (LINK) has recently experienced significant activity, with a major whale withdrawing $31.15 million in LINK from Binance over the past few days. At the same time, the price of LINK surged above $26 for the first time in seven months, signaling a shift in its market trend.

Whale Accumulation Sparks Attention

A large-scale withdrawal of Chainlink tokens has caught the attention of the crypto community. A whale, identified by the address 0x4EBD, withdrew a substantial 249,808 LINK, worth approximately $6 million, from Binance.

This transaction adds to the total amount of LINK withdrawn by the same whale in the past four days, which now stands at 1,293,757 LINK, valued at around $31.15 million.

Whale 0x4EBD withdrew another 249,808 $LINK($6M) from #Binance ~35 mins ago, bringing his total withdrawals to 1,293,757 $LINK($31.15M) over the past 4 days.

What a crazy accumulation!https://t.co/eHcu8rVI17 pic.twitter.com/1R4iOne8RR
— Lookonchain (@lookonchain) August 19, 2025

These withdrawals have raised eyebrows, as such a large accumulation could indicate strategic moves by a major market player. Some observers speculate that the whale might be preparing for significant actions, such as long-term holding or future sell-offs.

Chainlink’s Price Reaches New Heights

In addition to the whale’s activities, the price of Chainlink has shown remarkable growth. The price of LINK recently broke the $26 mark, reaching its highest point in the last seven months.

As of now, the token is trading at $24.69, with a 24-hour trading volume exceeding $2.6 billion. The price surge comes after Chainlink announced the launch of its Chainlink Treasury, which many believe could help fuel further growth.

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As Michaël van de Poppe observes, LINK has shifted from a downward trend to an upward one, indicating potential strength in the market and a possible bullish momentum.

On-Chain Activity Hits Record Levels

Meanwhile, Chainlink has also seen impressive on-chain activity in recent days. Based on Santiment data, on Sunday, 9,813 unique LINK addresses made at least one transfer.

The following day, 9,625 new LINK wallets were created, marking the highest levels of activity in 2025. These metrics suggest increased user adoption and growing interest in the Chainlink network.

AD 4nXe97Ph7s9H22jsGnGKZHObFDyuwVmA3DkFwXFQFV9yUFGDMEUciNzYdTM5vHdljuj3B3pntMb4YlinIhLW x0SigcyZXoHe6GGTeIHsKyblWLGtE829WXqlReF bsD7jhyh9eMYXQ?key=IMD4w 9oeIRfrrplwQR KQ — *LINK On-chain Activity | Source: X*

Notably, these developments highlight Chainlink’s ongoing strength, both in terms of price and network activity. While the whale’s movements indicate a strong belief in LINK’s potential, the rise in on-chain activity further supports the asset’s growth trajectory.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.