Overview
- Santiment reports wallets holding 100,000–1,000,000 LINK added about 40 million tokens over the past year, a 28% rise across 103 new addresses.
- Lookonchain tracked fresh withdrawals of 62,207 LINK from OKX and 66,113 LINK from Kraken, with the two wallets now holding roughly 1.1 million and 307,684 LINK respectively.
- LINK trades around $17.5, down 0.2% on the day, with a 2.6% weekly drop and an 18.5% monthly decline.
- Spot trading volume fell to $864.7 million and derivatives volume to $1.69 billion, while open interest rose 1.17% to $655.1 million, according to CoinGlass.
- Grayscale and Bitwise spot LINK ETF applications await regulator responses, and analysts cite resistance near $19 and support around $15.8, with potential moves toward $22–$25 on a breakout or toward $14.5 if support fails.