Haciyev Reşit 
Crypto analytics firm Alphractal revealed in its latest report that Chainlink (LINK) is one of the altcoins being heavily accumulated by large investors.
According to Alphractal, Chainlink’s realized price (the weighted average cost of all coins in circulation based on their most recent movements) is around $15.1. Analysts highlight this level as a strong support zone for potential pullbacks, making it a critical area for whale accumulation.
Increase in Whale and Mega Wallets
The report shows a steady rise in wallets holding 100k–1M LINK and those holding over 1M LINK. Alphractal emphasizes that, even though many wallets are still in profit, these large investors have confidence in LINK’s long-term potential, positioning it as a backbone for the upcoming bull market.
Chainlink Price Update
- LINK has surged ~40% in the last month.
- At the time of reporting, it trades at $23.17.
- It ranks as the 11th largest cryptocurrency by market capitalization.
Evaluation
The accumulation of Chainlink (LINK) by whale and mega investors indicates growing confidence in the project. With key factors such as whale accumulation, support levels, bull market potential, and insights from the Alphractal report, LINK’s future potential stands out prominently in the crypto market. This trend highlights that major investors see Chainlink as a strategic asset for the upcoming market cycles.
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