The post Chainlink Price Could Hit $30: Why Is This One Metric Falling? appeared on BitcoinEthereumNews.com.

Key Insights: Chainlink price is targeting $30.67, but slowing money inflows may pause the rally. Whale activity shows confidence, yet exchange inflows hint at short-term profit-taking. DeFi growth supports long-term upside, but CMF suggests fewer new buyers for now. The Chainlink price has quietly climbed over 5% in the last 24 hours, trading near $24.90, even as the rest of the crypto market cools off. The cryptocurrency’s year-to-date performance is even stronger; LINK has gained over 140% in the past year. But despite this strong move, one metric is flashing a caution sign. Chainlink’s Oracle network helps connect real-world data to blockchains. That makes it one of the most useful tools in DeFi. And that’s one reason why investors are watching it closely now. Based on current momentum and past price behavior, Chainlink could climb to $30.67 in the short term. But there’s a catch. Whale Activity Is Still Bullish, but Some Traders Are Taking Profits Let’s look at what the big wallets are doing first. One whale just spent 4,806 ETH — that’s about $21.25 million — to scoop up nearly 1 million LINK across five different wallets. That same whale has a track record of smart moves; they sold SHIB at the top, and they even traded the USDC depeg. So that’s a solid vote of confidence. Long-term Chainlink price outlook remains constant- Source: Lookonchain But at the same time, LINK inflows to exchanges spiked above $30 million. That means some holders are getting ready to sell, or at least thinking about it. Large inflows like these usually show that investors are moving funds into exchanges, which they often do before booking profits. Spike in exchange outflows- Source: Coinglass That’s not bearish by itself, but it does suggest that the easy upside might slow down. The Nansen dashboard,…

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Filed under: News - @ August 18, 2025 2:29 pm