Ethereum and Chainlink Attract $1.4B in Whale Buys as Altcoin Rally Builds –
The post Ethereum and Chainlink Attract $1.4B in Whale Buys as Altcoin Rally Builds – appeared on BitcoinEthereumNews.com.
A huge amount of capital is coming to the market. And this time, Ethereum and Chainlink are leading the way. In just the last week alone, over $1.4 billion in whale-sized inflows have been recorded between the two altcoins, suggesting a full-blown altcoin season, according to some analysts. While the major coins get the news, lesser-known but high-conviction tokens like MAGACOIN FINANCE are attracting serious interest from early-stage investors. Chainlink (LINK) Reclaims Spotlight with Cross-Chain Momentum After whale wallets cumulatively added $740 million in LINK over five days, Chainlink is back in the spotlight. The recent surge in the adoption of a major cryptocurrency is coinciding with the rapid expansion of the Cross-Chain Interoperability Protocol (CCIP) of Chainlink (LINK). Moreover, there are more than a dozen enterprises that have already onboarded the Chainlink CCIP. In addition, these companies are now using its services to bridge traditional systems and decentralized systems. The LINK token has managed to recover from its June lows and is currently trading around the $19.40 mark with price targets of $24–$26 in the near term. On-chain data indicates big holders are sending coins to cold wallets, which means long-term accumulation. The next CCIP integrations, which some believe could onboard Tier 1 banks, can see much greater upside as real-world assets begin to pick up. Ethereum Sees Record ETF Inflows as Supply Drops Ethereum also had a record-breaking week as institutional capital of $663 million flowed into spot ETH ETFs, thanks to BlackRock, Fidelity and Bitwise. These funds currently hold more than 25 billion worth of ETH. This has further restricted supply on exchanges. ETH’s positive price action appears to be reinforced by ETF flows, while its exchange balance continues to decline, staking continues to grow, and burn via EIP-1559 continues. All together, these fundamentals point to a…
Filed under: News - @ August 14, 2025 5:24 am