• Chainlink (LINK) is trading at $21.93 with a slight 0.46% drop and $2.75B volume.
• Whales bought 14M LINK (~$100M) this week, signaling strong accumulation.
• Analyst sees LINK as low-risk with potential to exceed $100 in the long term.

Chainlink (LINK) has been in focus recently as major investors have continuously invested in the asset. At the time of writing, LINK is trading at $21.93 and has seen a marginal 0.46% drop within the last 24 hours. The 24-hour trade volume is $2.75 billion, and the market capitalization is $15.10 billion.

Chainlink Sees Heavy Whale Accumulation This Week

According to renowned crypto analyst Ali Martinz, whales or large holders have purchased approximately 14 million LINK in the last week, accounting for a whopping $100 million in value. This trend of accumulation has generated buzz regarding possible big moves in the future.

Chainlink Set for Big Moves in Upcoming Market Cycle

Another crypto analyst, XForceGlobal, shared on X (formerly Twitter) that Chainlink remains in his tier-2 list of choices as he feels the currency remains of relatively low risk in light of the broader market wave pattern it follows. While it doesn’t have the explosive formation of his first-priority tier-1 favorites, he believes LINK will still be primed for big moves up.

He also mentioned that he’s still looking towards cycle tops of over $100 as a floor, indicating a belief that the asset will realize significant gains on the upside if current market conditions persist.

Through significant whale stacking, increasing institutional adoption of blockchain data products, and optimistic long-term signals from analysts, Chainlink is solidifying itself as one of the prominent players on the horizon of the upcoming market cycle.

Also Read | Chainlink Price Prediction 2025: Will LINK Break Its $52 All-Time High?

Chainlink Derivatives Show Mixed Momentum

Chainlink’s derivatives platform saw open interest dip minimally, down 0.05% to $1.33 billion as trade action rose. Future volume rose 4.93% to $3.25 billion, suggesting more short-term participation from traders.

This goes alongside spotty price action since LINK price movement extensively mirrors peaks in open interest and volume surges as a sign of energetic positioning ahead of prospective market movers.

From the funding perspective, OI-weighted funding rate remained positive at 0.0131%, showing a mild long bias in perpetual markets. Price momentum stays stable while high volume signals higher short-term speculation.

Equilibrium between tame long positioning and brisk trade activity might provide a predisposition towards more abrupt moves if liquidity flows stay high.

Also Read | Chainlink (LINK) Price Eyes $31 After Strategic $1 Million Token Reserve Launch