Overview
- On‑chain data from Santiment shows wallets holding at least 100,000 LINK rose to a new high of 805 addresses, an 8.2% increase over seven weeks, signaling large‑holder accumulation.
- CryptoQuant flow data and analyst Darkfost report the biggest LINK withdrawals from Binance in 2025 during May, with top outflows averaging over 3,600 LINK per day and several spikes above 5,000 LINK.
- Chainlink listed oracle services on AWS Marketplace and expanded CCIP to Neo X and Creditcoin on May 25, giving enterprise developers direct access to Data Feeds, Data Streams and Proof of Reserve tools.
- LINK price remains range‑bound near $9.4–$9.6 and below the 100‑day simple moving average near $9.92, with support around $9.40–$9.50 and neutral technical indicators that do not confirm a breakout.
- Steady spot ETF inflows (reported at about $111 million since late 2025) plus earlier token unlocks of roughly 19 million LINK are shaping near‑term supply and demand, but analysts warn exchange outflows can reflect OTC trades or DeFi deposits rather than outright accumulation.