Whales Are Back: Chainlink (LINK) Enters “Ideal Accumulation Zone”

Chainlink (LINK) is experiencing renewed interest, with on-chain data suggesting it is entering an "ideal accumulation zone," indicated by its 30-day MVRV ratio dropping below -5% as of October 17, 2025. This phase historically precedes accumulation by large holders, which is supported by recent whale activity, including significant LINK withdrawals from exchanges signaling long-term holding intentions. Furthermore, Chainlink maintains high development activity, particularly within the Real World Assets (RWA) ecosystem. Technical analysts note that LINK has historically outperformed the altcoin index during market rallies, and a break above the $20 resistance level could shift sentiment bullish. However, the overall market trend, heavily dependent on Bitcoin, remains a crucial factor, and projections of LINK reaching $100 are speculative.

(Source：BeInCrypto)