Whales Double Down on Chainlink: $188M Pulled from Binance After Market Crash

Chainlink (LINK) remains one of the most closely watched altcoins in the aftermath of the October 10 market crash, as traders and analysts brace for the next major market move. Despite the broader crypto sell-off, LINK's strong network metrics and rising on-chain activity have kept it in the spotlight as a likely frontrunner for the next bullish cycle.
Fresh on-chain data reveals a clear accumulation trend among whales, signaling renewed confidence in the project's long-term potential. Large holders have steadily increased their LINK balances since the crash, suggesting that institutional players and high-net-worth investors see the recent dip as an opportunity rather than a setback.
Market strategists argue that once volatility eases and Bitcoin establishes a clearer direction, Chainlink could stage a stronger-than-average rebound - one powered by solid fundamentals and growing adoption of its oracle technology. The network's deep integration across DeFi protocols, tokenization projects, and real-world data infrastructure continues to make it a core pillar of the Web3 ecosystem.
For now, attention remains fixed on how LINK behaves during this consolidation phase. The sustained whale accumulation could be quietly setting the stage for one of the most convincing comebacks in the next bullish run.

Whales Pull Nearly $190M in LINK from Binance - A Clear Sign of Accumulation

Fresh data from Lookonchain shows that 39 new wallets have collectively withdrawn 9.94 million LINK, worth around $188 million, from Binance since the October 10 market crash. The large-scale movement suggests that whales are accumulating, possibly positioning themselves ahead of a broader market recovery.
Withdrawals of this size are often viewed as a bullish indicator - investors tend to move assets off exchanges when they plan to hold rather than sell. This behavior points to growing confidence among large holders, many of whom likely see current prices as a strategic accumulation zone. The timing is notable too, coming amid heightened market uncertainty, implying that experienced investors may be quietly building positions while volatility remains elevated.
Beyond short-term price speculation, this accumulation trend underscores a long-term belief in Chainlink's fundamentals. As the leading oracle network, Chainlink plays a central role in DeFi and real-world asset tokenization, providing secure data feeds and interoperability between blockchains - effectively serving as a backbone of the Web3 economy.
If the accumulation continues and sentiment stabilizes, LINK could become one of the standout performers in the next crypto uptrend. Historically, similar on-chain accumulation phases have preceded major rallies, especially when exchange reserves fall and network activity picks up.
In essence, this $188 million withdrawal wave signals conviction among large investors, tightening supply on exchanges and reducing sell pressure - a combination that often sets the stage for significant upside once the broader market turns bullish.

Chainlink Holds Firm Above Key Support as Whales Continue to Accumulate

Chainlink (LINK) is trading around $18.58 on the weekly chart, maintaining stability after several volatile weeks following the October 10 market crash. Despite broader market uncertainty, LINK has managed to defend its key support zone near $16, aligning with the 200-week moving average - a critical long-term level closely monitored by technical traders.
Current price action suggests a consolidation phase above this support, with the 50-week moving average flattening and beginning to converge with the 100-week. Such a setup often precedes the formation of a structural base before a potential breakout - provided that buying volume starts to build. The fact that whales have withdrawn nearly $188 million worth of LINK from exchanges adds weight to this view, as accumulation by large holders typically reduces selling pressure and tightens available supply.
Trading volume has also stabilized following the sharp spike seen during the crash, indicating that panic selling has largely subsided. For a confirmed bullish reversal, LINK will need to reclaim the $20-$22 resistance area, a zone that has previously acted as both support and rejection during mid-year rallies.
Overall, the chart points to a healthy consolidation backed by on-chain accumulation. If Bitcoin stabilizes and macro conditions improve, LINK could be among the first major altcoins to rebound, extending its long-term upward trajectory.

Bitcoin Hyper ($HYPER) - Bringing Speed and Real Utility to the Bitcoin Network

While whales continue to accumulate altcoins like Chainlink, some investors are shifting their focus to projects that expand Bitcoin's utility - and Bitcoin Hyper ($HYPER) (https://bitcoinhyper.com) is leading that movement.

Built as a Layer-2 network powered by the Solana Virtual Machine (SVM), Bitcoin Hyper introduces Solana-level speed and low transaction costs to the Bitcoin ecosystem. This upgrade allows BTC holders to use their Bitcoin for staking, DeFi, gaming, and real-world asset applications, all while maintaining the security of Bitcoin's base layer.

The project's canonical bridge enables seamless movement of BTC between layers, unlocking a new range of use cases that were previously impossible on the Bitcoin blockchain. Investors can also stake the HYPER token - currently priced at $0.013175 - for an attractive 47% annual yield.

With nearly $25 million raised in its presale and growing attention from the crypto community, Bitcoin Hyper is positioning itself as a potential game-changer for Bitcoin scalability and adoption.

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For more information about Bitcoin Hyper (HYPER) visit the links below:

Website: https://bitcoinhyper.com
Whitepaper: https://bitcoinhyper.com/assets/documents/whitepaper.pdf
Telegram: https://t.me/btchyperz
Twitter/X: https://x.com/BTC_Hyper2

Disclosure: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice.

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