Chainlink (LINK) is soaring as whales accumulate $97 million in August 2025. With decreasing supply and a potential breakout at $24 on the horizon, LINK could target $95. Dive into the analysis to seize this bullish opportunity.
Chainlink (LINK) holders have recently witnessed a significant price surge, fueled by massive accumulation from whales. This momentum could propel LINK’s price toward new heights.
As mentioned in the previous article, LINK is targeting the liquidity zone up to $25. However, this POC in HTF could provide resistance that’s too strong and lead to a short-term retracement.
Nevertheless, the FBB indicates a potential target of $28 for LINK in the coming days, representing a potential increase of 28% from its current price of $21.
Beyond positive technical indicators, fundamentals also support Chainlink’s upward momentum. The decrease in exchange reserves can shift market perception and stimulate speculative buying.
Holders of LINK wallets containing between 100,000 and 1 million tokens have increased by 4.2% in August, adding 4.55 million LINK, valued at $97 million. Meanwhile, exchange reserves have dropped by 33 million LINK since July.
According to analyst Ali Martinez, an ambitious target of $95 for LINK is conceivable. While this may seem distant, the path is marked with intermediate steps at $31.8 and $52.3 before reaching three digits.
Chainlink’s technical and fundamental trends indicate strong upside potential for LINK. With whale accumulation and declining exchange reserves, LINK’s price could soar to new heights if current conditions persist.
To capitalize on this potential rally to $52 in the coming months (+150%), here’s an optimized strategy :
Here’s a guide to easily purchase LINK on the Bitget exchange :
Charles Ledoux is a Bitcoin and blockchain technology specialist. A graduate of the Crypto Academy, he has been a Bitcoin miner for over a year. He has written numerous masterclasses to educate newcomers to the industry and has authored over 2,000 articles on cryptocurrency. Now, he aims to share his passion for crypto through his articles for InvestX.
DISCLAIMER
This article is for informational purposes only and should not be considered as investment advice. Trading cryptocurrencies involves risks, and it is important not to invest more than you can afford to lose.
InvestX is not responsible for the quality of the products or services presented on this page and cannot be held liable, directly or indirectly, for any damage or loss caused by the use of any product or service featured in this article. Investments in crypto assets are inherently risky; readers should conduct their own research before taking any action and invest only within their financial means. This article does not constitute investment advice.
Risk Warning : Trading financial instruments and/or cryptocurrencies carries a high level of risk, including the possibility of losing all or part of your investment. It may not be suitable for all investors. Cryptocurrency prices are highly volatile and can be influenced by external factors such as financial, regulatory, or political events. Margin trading increases financial risks.
CFDs (Contracts for Difference) are complex instruments with a high risk of rapid capital loss due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should assess whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Before engaging in financial or cryptocurrency trading, you must be fully informed about the associated risks and fees, carefully evaluate your investment objectives, level of experience, and risk tolerance, and seek professional advice if needed. InvestX.fr and the InvestX application may provide general market commentary, which does not constitute investment advice and should not be interpreted as such. Please consult an independent financial advisor for any investment-related questions. InvestX.fr disclaims any liability for errors, misinvestments, inaccuracies, or omissions and does not guarantee the accuracy or completeness of the information, texts, graphics, links, or other materials provided.
Some of the partners featured on this site may not be regulated in your country. It is your responsibility to verify the compliance of these services with local regulations before using them.
