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Chainlink whale buys 1.58M LINK, but price holds above support amid cautious market.

Technical Signals
26 Jul 2026
AMBCrypto
View Source
Neutral
pluang ai news

A large Chainlink whale accumulated 1.58 million LINK tokens worth about $13.3 million by withdrawing from Binance, reducing exchange supply and signaling confidence. Despite this, LINK's price remained stable above the $8.18 support level without a strong breakout, as technical indicators showed weakening bullish momentum. The market's largest liquidation cluster sits near $8.215, marking a key short-term level that could attract selling pressure if bears strengthen. Overall, whale accumulation and strong long positions suggest confidence, but cautious trading continues until clearer price direction emerges.

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