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Chainlink Whales Step Up Buying as LINK Slips Below $13

On-chain data show top holders added 16.1 million tokens since November ahead of CME’s February 9 futures launch.

Overview

  • Santiment reports the top 100 Chainlink addresses have resumed accumulation below $13, lifting their combined holdings by about 16.1 million LINK since early November.
  • LINK recently traded around $12.33 to $12.65, with reporting pointing to lower daily volume and a decline over the past week.
  • Retail investors have been net sellers during recent weakness, while larger wallets increased their share of supply.
  • CryptoQuant identifies a 2026 shift from taker-sell to taker-buy dominance for LINK, indicating stronger buy-side activity on exchanges.
  • Traders are positioning for CME Group’s planned launch of Chainlink futures on February 9, and at least one analyst has outlined ambitious upside targets that remain speculative.