A wave of aggressive buying has hit Chainlink (LINK), as on-chain data indicates whales are quietly scooping up millions of tokens despite recent market turbulence.
According to blockchain analytics firm Lookonchain, 30 newly created wallets have withdrawn 6.25 million LINK, worth approximately $116.7 million, from Binance since the market crash on October 11.
According to the October 20 data, The largest single wallet withdrew 1.34 million LINK, valued at over $25 million, while several others accumulated between $3 million and $6 million each.
Insane accumulation!
30 new wallets have withdrawn 6,256,893 $LINK($116.7M) from #Binance since the 1011 market crash. pic.twitter.com/uI26RW1hq6
— Lookonchain (@lookonchain) October 20, 2025
Together, the 30 wallets now hold more than $116 million in LINK, marking one of the largest whale accumulation events for the asset this year.
Data suggests these whales, likely institutional, began accumulating LINK in large batch
We współpracy z: https://finbold.com/this-altcoin-is-recording-insane-whale-accumulation/
