LINK Prepares To Reclaim $18.5 As Whale Withdrawal Activity Intensifies Amid Market Dip
The post LINK Prepares To Reclaim $18.5 As Whale Withdrawal Activity Intensifies Amid Market Dip appeared on BitcoinEthereumNews.com.
The Chainlink (LINK) market is drawing interest due to increased whale accumulation, according to a revelation today disclosed by market analyst CryptoQuant. As reported by the analyst, whale activity around Chainlink has intensified, with over 8,000 LINK tokens withdrawn by large investors over the past two days, indicating massive enthusiasm in the asset’s long-term growth. This buying pressure showcases a conviction that LINK is preparing significant price surges ahead, advancing a projection that the digital asset could be readying to climb towards its $18.50 crucial resistance level in the coming days. Today, Chainlink trades at $9.08 after recording a 4.5% noticed over the past 24 hours. Despite that, its price has been down 2.6% and 4.4% over the past week and month, respectively, indicating an overall market cooldown. Whale activity on LINK is intensifying “Two daily peaks stand out, with over 8,000 LINK withdrawn from Binance among the 10 largest transactions of the day.” – By @Darkfost_Coc pic.twitter.com/R0C4kI82ZV — CryptoQuant.com (@cryptoquant_com) April 1, 2026 Chainlink Whale Withdrawals Concentrate On Binance Whales are actively withdrawing large amounts of Chainlink tokens from Binance, with an average volume ranging around 4,000 tokens per day, as per the data shared by the analyst. Today, CryptoQuant analysts revealed that over the past 48 hours, whales withdrew more than 8,000 LINK tokens from Binance, making it among the 10 largest transactions of the two days. Currently, Binance is leading the crypto industry in Chainlink withdrawals, attracting unique attention from traders and analysts, the analyst revealed. Withdrawals of LINK from whales on Binance often indicate crucial reversals for Chainlink prices. LINK prices have bottomed from $11.5 seen on February 2 to a low of $8.47 noticed on March 2. Currently, Chainlink has been holding its price above the $8.37 support level to prevent further market declines. Amid…
Filed under: News - @ April 1, 2026 7:29 pm