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Over half of Chainlink's LINK supply is held by just 50 addresses, but many belong to exchanges and staking pools.

Protocol Fundamentals
18 Oct 2026
Coinpaper
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Neutral
Over half of Chainlink's LINK supply is held by just 50 addresses, but many belong to exchanges and staking pools.

More than 51.9% of Chainlink's LINK tokens are concentrated in the top 50 blockchain addresses, with the top 10 holding 31.4%. However, many of these large wallets belong to exchanges like Binance, staking pools, and project reserves, meaning the actual individual ownership is less concentrated. This distinction is important for investors assessing potential selling pressure, as exchange wallets represent many users and staking pools lock tokens for network security. Chainlink's token release schedule and institutional use cases add complexity to evaluating market liquidity and investor risk.

Chainlink's token concentration in top wallets contrasts with the broader cryptocurrency market trends on Pluang. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 18, 2026 23:21 WIB: out of 50 major cryptocurrencies, 6 rose while 43 fell. Notably, BAL (Balancer) gained 11.14% to Rp16,297, EOS (EOS.IO) rose 8.13% to Rp12,649, whereas SXP (Solar) dropped sharply by 46.27% to Rp37, with typical hold times ranging from 85 to 94 days.

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