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Chainlink sees rising large-holder accumulation amid price consolidation below $9.60 resistance

Technical Signals
26 Mar 2026
AMBCrypto
View Source
Bullish
pluang ai news

Chainlink has experienced a notable increase in large-holder wallets holding over 1,000 LINK, indicating growing confidence despite stagnant price movement. The price remains range-bound between $7.95 support and $9.60 resistance, with repeated rejections at the upper boundary preventing a breakout. Exchange reserves have declined, reducing sell-side pressure and reinforcing accumulation outside exchanges. Positive funding rates show gradual long positioning, supporting potential upward momentum. A successful break above $9.60 could lead LINK toward $12.00, but until then, consolidation continues.

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