Chainlink Whales Surge to 16-Week High as ETF Assets Near $100M

Wallets holding more than 1,000 LINK have reached their highest level since December 4, marking a record 16-consecutive-week accumulation streak.
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TL;DR:

  • Wallets holding more than 1,000 LINK have reached their highest level since December 4, marking a record 16-consecutive-week accumulation streak.
  • U.S. spot Chainlink ETFs manage $93.74 million in assets, already representing 1.42% of the network’s total market capitalization.
  • Institutional interest is soaring with weekly inflows of $4.6 million, consolidating LINK as the fifth-largest crypto asset in the ETF market.

During Thursday’s session, Chainlink whales and mid-tier wallets led an aggressive buying phase; in fact, their holdings reached peaks not seen in months, while the price of the native token, LINK, moves within a consolidation range.

Currently, LINK is hovering near $89.95 with a market capitalization close to $6.36 billion. Although a slight intraday correction of 5.5% occurred, last weekโ€™s inflows into exchange-traded products (ETFs) from Grayscale and Bitwise totaled $4.6 million.

Data from Santiment indicates that whales are paving the way for an upward breakout. This behavior aligns with the growing optimism surrounding Real World Asset (RWA) tokenization, a sector where Chainlink is the undisputed leader.

Furthermore, the interest in blockchain technology to transform traditional financeโ€”championed by figures like Larry Fink, CEO of BlackRockโ€”reinforces the accumulation thesis of these investors, who seek to anticipate a potential tokenization “boom” on the network.

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The Impact of Institutional ETFs on the Chainlink Network

SoSoValue reveals that assets under management (AUM) for LINK ETFs are only 6% away from reaching the historic $100 million mark. Currently, Grayscale leads the intake with $82 million in cumulative net flows, followed by Bitwise, which reports $15.82 million.

Consequently, Chainlink is positioned as the fifth-largest crypto asset in the U.S. ETF market, trailing only behind Bitcoin, Ethereum, XRP, and Solana. This institutional backing is a critical indicator for long-term price stability.

The combination of sustained whale accumulation and the success of regulated financial products suggests that Chainlink maintains a solid foundation. If demand persists, the asset could overcome key resistance levels to seek new annual highs.

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