Mysterious Whale Accumulates 10% of Chainlink ($LINK) Supply
On-chain data suggests a single entity may have quietly accumulated around 100 million LINK over the past six months — nearly 10% of the total supply.
Analyst LinkBoi found 48 wallets, each holding roughly 2 million LINK, showing nearly identical creation dates, transaction sizes, and timing. Most funds originated from a Coinbase hot wallet, strongly indicating centralized control.
The accumulation occurred mainly between August 2025 and January 2026, with heavy buying during the October 2025 market crash, when liquidity was high and selling pressure allowed stealth accumulation without moving price.
Despite massive buying, LINK’s price remained relatively stable — likely due to a highly strategic, fragmented accumulation approach designed to avoid market impact.
Possible entities behind the wallets include BlackRock or JPMorgan, both deeply integrated with Chainlink’s infrastructure. Analysts consider it highly unlikely this was a retail or individual investor.
For educational purposes only. Not financial advice.#USIranStandoff #ZAMAPreTGESale #FedHoldsRates #Write2Earn $LINK
