The post Chainlink Whales Are Loading Up Quietly, Is LINK Heading to $46? appeared first on Coinpedia Fintech News Chainlink (LINK), a leading blockchain oracleThe post Chainlink Whales Are Loading Up Quietly, Is LINK Heading to $46? appeared first on Coinpedia Fintech News Chainlink (LINK), a leading blockchain oracle

Chainlink Whales Are Loading Up Quietly, Is LINK Heading to $46?

2025/12/23 18:44
2 min read
Chainlink Price

The post Chainlink Whales Are Loading Up Quietly, Is LINK Heading to $46? appeared first on Coinpedia Fintech News

Chainlink (LINK), a leading blockchain oracle network, has been under pressure for weeks, dropping nearly 7%. But, while LINK trades near its lower range, large investors appear to be buying silently. 

At the same time, long-term charts are showing a familiar pattern that has led to big rallies in the past. Popular crypto analyst Bitcoinsensus hints Link price to hit $46 soon.

Whales Step In as Exchange Supply Drops

Recent on-chain data shows that Chainlink whales are actively withdrawing tokens from exchanges. On 22nd Dec 734,000 LINK tokens worth over $9 million were moved off Binance, a sign of accumulation rather than selling pressure.

At the same time, LINK supply on exchanges has dropped to its lowest level since 2020.

This usually means large holders are not selling. Instead, they are moving coins into private wallets, often a sign of long-term confidence rather than short-term trading.

Another strong development for Chainlink is the launch of the first U.S. spot Chainlink ETF. Grayscale converted its existing Chainlink Trust into an ETF, now trading on NYSE Arca under the ticker GLNK

So far, the total net inflow has reached about $58.3 million, while net assets under management stand near $74.25 million. 

However, data from SoSoValue shows that around $2 million flowed into Chainlink ETFs on December 22, 2025. This shows steady investor interest, even during periods of low market activity.

Despite rising whale activity and growing ETF interest, Chainlink’s price continues to move sideways around the $12–$12.5 range

Meanwhile, Crypto analyst Bitcoinsensus highlighted that, on the weekly chart, LINK is still trading within a long-term upward channel. At the moment, the price is hovering near the lower boundary of this channel, an area that has repeatedly acted as a strong base during past market cycles.

This time, the long-term chart points toward a possible move near $46.

Market Opportunity
Chainlink Logo
Chainlink Price(LINK)
$8.93
$8.93$8.93
+1.13%
USD
Chainlink (LINK) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

XRP Buyers Defend Most Major 200-Week Price Average: Can It Be Bottom of 2026?

XRP Buyers Defend Most Major 200-Week Price Average: Can It Be Bottom of 2026?

The post XRP Buyers Defend Most Major 200-Week Price Average: Can It Be Bottom of 2026? appeared on BitcoinEthereumNews.com. XRP has returned to its 200-week moving
Share
BitcoinEthereumNews2026/02/08 19:49
Expert Tags Ethereum’s ERC-8004 Mainnet Launch An “iPhone Moment”, Here’s What It Means

Expert Tags Ethereum’s ERC-8004 Mainnet Launch An “iPhone Moment”, Here’s What It Means

Market analyst says Ethereum is having an “iPhone moment” as it approaches the ERC-8004 mainnet launch.
Share
Coinstats2026/02/08 19:56
Breaking: CME Group Unveils Solana and XRP Options

Breaking: CME Group Unveils Solana and XRP Options

CME Group launches Solana and XRP options, expanding crypto offerings. SEC delays Solana and XRP ETF approvals, market awaits clarity. Strong institutional demand drives CME’s launch of crypto options contracts. In a bold move to broaden its cryptocurrency offerings, CME Group has officially launched options on Solana (SOL) and XRP futures. Available since October 13, 2025, these options will allow traders to hedge and manage exposure to two of the most widely traded digital assets in the market. The new contracts come in both full-size and micro-size formats, with expiration options available daily, monthly, and quarterly, providing flexibility for a diverse range of market participants. This expansion aligns with the rising demand for innovative products in the crypto space. Giovanni Vicioso, CME Group’s Global Head of Cryptocurrency Products, noted that the new options offer increased flexibility for traders, from institutions to active individual investors. The growing liquidity in Solana and XRP futures has made the introduction of these options a timely move to meet the needs of an expanding market. Also Read: Vitalik Buterin Reveals Ethereum’s Bold Plan to Stay Quantum-Secure and Simple! Rapid Growth in Solana and XRP Futures Trading CME Group’s decision to roll out options on Solana and XRP futures follows the substantial growth in these futures products. Since the launch of Solana futures in March 2025, more than 540,000 contracts, totaling $22.3 billion in notional value, have been traded. In August 2025, Solana futures set new records, with an average daily volume (ADV) of 9,000 contracts valued at $437.4 million. The average daily open interest (ADOI) hit 12,500 contracts, worth $895 million. Similarly, XRP futures, which launched in May 2025, have seen significant adoption, with over 370,000 contracts traded, totaling $16.2 billion. XRP futures also set records in August 2025, with an ADV of 6,600 contracts valued at $385 million and a record ADOI of 9,300 contracts, worth $942 million. Institutional Demand for Advanced Hedging Tools CME Group’s expansion into options is a direct response to growing institutional interest in sophisticated cryptocurrency products. Roman Makarov from Cumberland Options Trading at DRW highlighted the market demand for more varied crypto products, enabling more advanced risk management strategies. Joshua Lim from FalconX also noted that the new options products meet the increasing need for institutional hedging tools for assets like Solana and XRP, further cementing their role in the digital asset space. The launch of options on Solana and XRP futures marks another step toward the maturation of the cryptocurrency market, providing a broader range of tools for managing digital asset exposure. SEC’s Delay on Solana and XRP ETF Approvals While CME Group expands its offerings, the broader market is also watching the progress of Solana and XRP exchange-traded funds (ETFs). The U.S. Securities and Exchange Commission (SEC) has delayed its decisions on multiple crypto-related ETF filings, including those for Solana and XRP. Despite the delay, analysts anticipate approval may be on the horizon. This week, REX Shares and Osprey Funds are expected to launch an XRP ETF that will hold XRP directly and allocate at least 40% of its assets to other XRP-related ETFs. Despite the delays, some analysts believe that approval could come soon, fueling further interest in these assets. The delay by the SEC has left many crypto investors awaiting clarity, but approval of these ETFs could fuel further momentum in the Solana and XRP futures markets. Also Read: Tether CEO Breaks Silence on $117,000 Bitcoin Price – Market Reacts! The post Breaking: CME Group Unveils Solana and XRP Options appeared first on 36Crypto.
Share
Coinstats2025/09/18 02:35