Crypto Whales Scoop Up $20M in LINK Over 3 Days via 11 New Wallets

On-chain data reveals significant accumulation in Chainlink (LINK) as 11 newly created Ethereum wallets withdrew a combined 1.56 million tokens—worth approximately $20 million—from Binance over the weekend.

Key Highlights

• One standout wallet accumulated roughly $10 million in LINK alone.
• The remaining 10 new addresses split another $10 million in recent purchases.
• All withdrawals originated from Binance, which handles over 7% of global LINK trading volume and offers the deepest liquidity.

(Sources:Lookonchain )

Monitoring platform Lookonchain, citing Arkham Intelligence data, flagged the activity between December 20–22, 2025. The pattern points to coordinated whale positioning ahead of potential upside.

The most active address (0xf440838830CC265DB72C81bfBa240E5A4cEb1CC4) was funded on December 10 with a small $10 ETH transfer but only began aggressively buying LINK starting December 20. It executed four large withdrawals, each around $2.5 million.

Among the 10 supporting wallets:

• Two hold over $2 million in LINK each.
• Four hold between $1–2 million.
• Four hold $400,000–$610,000.

Chainlink Price Outlook

LINK is currently trading at $12.67, showing low volatility over the weekend with minimal daily candle movement on December 20–21—precisely when most of the whale accumulation occurred.

The token has recovered substantially from its October 10 crash low of $7.90 but remains in a broader downtrend. It continues trading below the 50-day exponential moving average (50-day EMA), a key benchmark for trend direction.

The Relative Strength Index (RSI) sits in neutral territory, gradually building momentum as buying pressure returns. Similar accumulation signals are emerging in Ethereum (ETH), which recently reclaimed $3,000.

Chainlink Whale Accumulation FAQ

How much LINK did whales accumulate in the last three days? Approximately 1.56 million LINK, valued at around $20 million.

How many new wallets were involved? 11 newly created Ethereum addresses, all withdrawing from Binance.

Which wallet accumulated the most? Address 0xf440838830CC265DB72C81bfBa240E5A4cEb1CC4 bought roughly $10 million worth across four transactions.

What is the current LINK price? Around $12.67 as of December 23, 2025.

Is LINK still in a downtrend? Yes—it remains below the 50-day EMA following the post-October crash recovery, though RSI shows neutral-to-bullish momentum building.

Does this accumulation signal a potential reversal? Whale buying of this scale often precedes upward moves, especially when clustered in new wallets, but confirmation would require a break above key resistance levels.