The post Chainlink Price Surges on Whale Buys—Yet a Key Metric Could Derail the Rally appeared on BitcoinEthereumNews.com.

Chainlink price has moved ahead of the market again. While most altcoins are struggling to hold gains, LINK price has climbed more than 5% in the last 24 hours and over 140% in the past year. The Oracle network’s use in DeFi keeps it relevant, but this latest rally isn’t just organic; it’s backed by heavy wallets buying in. Yet, one subtle metric might now hint at a pause. Whale Activity Explains the Chainlink Price Rally In the past seven days, whale wallets have added over 1.1 million LINK to their positions. At the current price of $24.80, this equals around $27.2 million in inflows. That kind of capital is rarely random; it usually reflects conviction. And it shows in the Chainlink price action. Chainlink whale activity: Nansen Smart money wallets, which usually track market entries well, have also increased their holdings by 12.6% over the week. Meanwhile, the top 100 LINK addresses have resumed accumulation, even though slightly. The fact that all three segments are moving together is a clear reason why the LINK price has broken away from broader market weakness. For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. The Missing Link? Exchange Reserves Tell a Different Story Despite this strong whale support, one metric suggests the Chainlink price might cool off in the short term: exchange reserves. On August 16, LINK’s exchange balance dropped to a monthly low of 162.59 million LINK, right as the rally picked up speed. That was a good sign. It meant fewer LINK tokens were sitting on exchanges, so selling pressure was likely low. But that has changed at press time. Chainlink price and exchange reserves: Cryptoquant As of today, reserves have increased to 162.90 million LINK; a rise…

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Filed under: News - @ August 18, 2025 8:27 am