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Chainlink whales accumulate tokens as price holds a key 4-year demand zone near $8.

Technical Signals
02 Aug 2026
AMBCrypto
View Source
Neutral
pluang ai news

Chainlink's price has been stable around a $6.25 billion market cap with normal trading activity, mainly driven by retail investors and whales. Whales have been actively accumulating LINK tokens, moving large amounts into long-term wallets, signaling strong conviction despite no institutional ETF activity. The price is consolidating around a demand zone established four years ago, suggesting potential for a significant rally if this support holds, though a drop to $4.85 remains possible. Increased wallet addresses indicate broad trader interest that could influence price movements.

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