Chainlink Whales Hoard $263M: Will Market Wake Up from Coma?

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Chainlink, that most enigmatic of crypto creatures, has been swaying between the realms of hope and despair like a drunkard at a ball. Its price, a mere $12.81, wavers as if whispering, “I am here, but do not look too closely.”

The 24h volatility? A modest 6.0%, as if mocking the idea of chaos. Market cap: $8.93 billion, a number so grand it makes peasants weep. And the 24h volume? $692.35 million-enough to fund a thousand tea parties for oligarchs.

Behold! The top 100 Chainlink whales, those modern-day Tsars of the blockchain, have been hoarding 20.46 million LINK since November, worth $263 million. Why? Perhaps they believe the future lies in oracles-or perhaps they simply enjoy the thrill of pretending to be rich.

🐳 The great Chainlink whales, like vultures at a feast, have stuffed their digital coffers with 20.46M $LINK (~$263M). Observe their every move, lest you miss the spectacle! 👇

– Santiment (@santimentfeed), December 16, 2025

This frenzied accumulation, one might say, has reduced selling pressure. Or perhaps the whales have simply bribed the market gods with offerings of LINK. Either way, the price briefly danced upward on Dec. 3, gaining 20%-a fleeting romance with hope.

Meanwhile, the Grayscale Chainlink Trust ETF began trading on NYSE Arca, a event so thrilling it could make a monk fumble his rosary. Bitwise and CoinShares, eager as a peasant begging for a noble’s scrap, are already circling.

What Will Drive the LINK Rally?

“No catalyst is good enough in this market,” quoth a Motley Fool analyst, who may or may not have been sipping absinthe. Indeed, even the reopening of the US government, the September CPI report, and the Fed’s third rate cut failed to stir more than a yawn from the crypto crowd.

And yet, some insist Chainlink is a “solid long-term investment.” One must admire their optimism, especially as the US and Japan threaten economic collapse like a poorly baked pie. The token itself? It has fallen 57% in a year, trading at $12.7-down 6.5% in 24 hours. A modest decline, really.

The exchanges, too, have seen a net outflow of 4.35 million LINK ($55.4 million) in 30 days. Perhaps the people have finally realized that oracles cannot predict the future-or that LINK is just a fancy coffee cup with a blockchain.

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2025-12-16 13:09