- Whale transactions in Chainlink hit their highest level since 2023, signaling potential volatility.
- Despite a 40% drop from its 2025 high, LINK rebounded 0.93% to approach $19.
- Price predictions suggest LINK could hit $23.75 by February and $31.08 within two months.
Chainlink’s (LINK) large holders have come alive. On-chain data from Santiment reveals whale transactions at their highest level since 2023. This signals increased movement among those holding over $100,000 in LINK. Such activity often precedes volatility, but will it send prices soaring or sinking?

Chainlink entered 2025 as a crypto powerhouse. Its role in tokenization, backed by partnerships with JPMorgan and BNY Mellon, positioned it as a key player. Even the US government took notice, with President Trump’s World Liberty Financial (WLFI) acquiring LINK. Expectations were high. But so far, LINK has struggled under broader market pressure, failing to capitalize on bullish sentiment.
The entire cryptocurrency market has faced headwinds. Geopolitical tensions and shifting macroeconomic conditions have hurt digital assets. LINK was no exception, plunging more than 40% from its yearly high. As of Friday, it attempted a rebound, rising 0.93% to hover near $19. However, it remains far from its early-year peak.
Historically, whale activity can indicate accumulation or distribution. Chainlink’s case is no different. The surge in high-value transactions suggests major holders could be positioning for an upcoming price move. If this is accumulation, a rally may follow.
Chainlink Price Predictions: Return to $20 and Beyond?
According to CoinCodex, LINK’s short-term outlook appears promising. The platform forecasts a return to $23.75 by February. Even more bullish projections expect LINK to surge 83% within two months, potentially reaching $31.08. But price targets hinge on broader market conditions.

However, An increase in whale purchases signals growing trading interest among large holders. Conversely, a decline in this activity suggests waning interest, as major investors reduce their transactions. Typically, rising whale activity is a bullish indicator, hinting at potential price gains for Chainlink (LINK). When big players accumulate, it often means confidence in the asset’s future. On the other hand, reduced movement may indicate uncertainty or profit-taking. Overall, strong whale participation usually points to a potential upward trend.
Chainlink’s recent whale activity hints at renewed interest. If accumulation is driving the surge, LINK could be poised for a strong rebound. However, market uncertainty remains a factor. Will whale movements translate into a sustained rally? The coming weeks will tell.