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Chainlink whales accumulate millions in LINK as price retests a key demand zone.

Technical Signals
03 Aug 2026
Blockonomi
View Source
Bullish
pluang ai news

Chainlink's market cap remains steady near $6.25 billion with daily trading volume around $215 million, indicating normal liquidity. Significant whale activity shows long-term accumulation, with one whale moving 266,414 LINK worth $2.15 million into a secure wallet and another adding 163,494 LINK for $1.37 million. LINK is currently retesting a demand zone between $5.64 and $8.73 that has historically triggered strong rallies, suggesting potential for a future price increase if buyers return. Meanwhile, Chainlink-related ETFs saw no activity, highlighting limited institutional involvement despite growing retail interest.

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