Chainlink recorded 246 transactions of at least $100,000 in a single day, according to Santiment data, marking its highest whale activity level in five months. Large holders currently control approximately 466.31 million LINK tokens, representing 46.57% of the total supply. This accumulation occurs within a solid fundamental context, as Chainlink expands its role through the CCIP protocol into tokenized assets, stablecoins, and cross-chain infrastructure, segments attracting significant institutional interest. The combination of a five-month high in whale transactions and concurrent growth in large-wallet balances represents a significant signal for LINK’s market outlook.
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