Crypto Whales Buy $20M of LINK in 3 Days, 11 Newly Created Accounts

Key Notes

• One single address bought $10 million worth of LINK in the last three days, while 10 whale addresses hold the remaining $10 million of recent accumulation.
• Whales were spotted making large LINK withdrawals from Binance, Chainlinks most liquid market, with over 7% of its total volume.
• LINK is currently trading at $12.67, still in a downtrend that dates from the October 10th crash, when Chainlink traded for as low as $7.90 per token.

11 newly created Ethereum ETH $3 039 24h volatility: 1.4% Market cap: $367.11 B Vol. 24h: $15.68 B accounts have withdrawn 1.56 million LINK LINK $12.63 24h volatility: 0.3% Market cap: $8.95 B Vol. 24h: $441.43 M , Chainlink protocols token, in the last three days from Binance.

This accumulation pattern suggests whales are positioning themselves for a bullish move, currently holding around $20 million worth of LINK.

Lookonchain spotted the whale activity and accumulation pattern over the past three days (up to December 22), based on data from Arkham Intelligence.

Related article: Chainlink Reserve Hits 1 Million, Expert Calls for 1000%

LINK Price

Binance is the most liquid market for trading Chainlink‘s token, accounting for over 7% of LINK’s volume, with high-depth order books.

In the past 3 days, 11 newly created wallets have withdrawn 1.567M $LINK($19.8M) from #Binance.

Wallets:

0xf440838830CC265DB72C81bfBa240E5A4cEb1CC4

0x3B89a89b1014A1a14F6cBc4a9306405Bb110f435

0x7E7a2942fB96254380f8635a11cd2651eEA91565

0xcbfDfED7d9FECD07ef1563db2a5a6fAF780A40cC…

— Lookonchain (@lookonchain) December 22, 2025

Data from Etherscan shows that one of the 11 accounts holds roughly half of all recently acquired tokens, with 806,326 LINK valued at $10 million.

This account, address 0xf440838830CC265DB72C81bfBa240E5A4cEb1CC4, was activated on December 10 by withdrawing $10 worth of ETH but only started accumulating Chainlink on December 20 in four total withdrawals worth approximately $2.5 million each.

0xf440838830CC265DB72C81bfBa240E5A4cEb1CC4 onchain balance, as of December 22, 2025. | Source: Etherscan

Two addresses hold more than $2 million of LINK, four of them are carrying over $1 million of the token and the last four and holding Chainlink portfolios that go from $400,000 to $610,000 at the time of writing.

Chainlink (LINK) Price Analysis

Chainlinks protocol token is currently trading at $12.67 per unit, having kept a low volatility during the weekend, with nearly unnoticeable one-day candlesticks on December 20 and December 21, when most of the newly created whales activity took place.

Chainlink (LINK) 1D price chart on December 22, 2025. | Source: TradingView/Binance

LINK traded as low as $7.90 during the historical October 10th crash, now recovered. Yet, the token is still going in a downtrend that started post-crash, trading below the 50-day exponential moving average (1D50EMA), an important trend indicator for financial assets and crypto.

Looking at its relative strength index (RSI), Chainlink goes with a neutral momentum, trying to pick up strength while investors are back accumulating.

Ether, Ethereums native token, is showing similar signals of accumulation as ETH reclaims the $3,000 level.

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