The post LINK Faces Increased Sell Pressure Amid Whale Activity and Declining Derivatives Interest: Possible Redistribution Phase Ahead appeared on BitcoinEthereumNews.com.

Chainlink (LINK) faces increased selling pressure as whale activity surges, while interest in derivatives declines, altering the market dynamics. Whale netflows to exchanges surged 440% as sell pressure intensified. Retail and investor holdings rose, while whale dominance dropped. A previously dormant whale recently deposited 200,355 Chainlink [LINK], valued at $3.27 million, into Binance after nine months of inactivity. This move secured the whale a $1.08 million profit from an earlier $4.56 million accumulation. The wallet still retained 145,430 LINK worth $2.37 million. At the time of writing, LINK was trading at $15.39 following a 5.17% drop in the last 24 hours. While one sale does not define a trend, such high-volume activity often signals an early change in sentiment or price expectations. As LINK experiences shifting demand dynamics, the ongoing sell pressure and whale movements could foreshadow a crucial tipping point for investors. Most LINK holders are still in profit Despite the whale’s recent sell-off, 75.57% of all LINK holders remain in profit according to IntoTheBlock’s Global In/Out of the Money data. Only 19.55% of addresses are currently holding LINK at a loss. This strong profitability profile suggests that most market participants are yet to experience sell-side pressure. However, with the current dip in price, further drawdowns could motivate more holders to realize gains, amplifying the potential for increased sell pressure. Source: IntoTheBlock Whales retreat as retail steps in In the past 30 days, whale concentration declined by 0.97%, indicating a slight reduction in large holder dominance. Meanwhile, retail participation grew by 0.97%, and investor holdings rose by 0.59%. This redistribution trend often suggests a transfer of assets from stronger to weaker hands. The current dynamic may lead to more volatile price movements, as retail investors typically exhibit less holding conviction than whales or institutional holders. Source: IntoTheBlock The large…

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Filed under: News - @ May 18, 2025 4:16 am