Whale Frenzy! 4.7M LINK Picked Up in 2 Days – Is a Chainlink Boom Brewing? 🚀😂

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Imagine this: whales, those mysterious oceanic giants of the crypto sea, have suddenly decided to become baby birds, hoarding a staggering 4,730,000 LINK tokens in just forty-eight hours. Yes, dear reader, while we mere mortals were busy checking our wallets, these leviathans were busy stuffing their gigantean bellies with what looks like the digital equivalent of gold dust. And what about the sentiment? Why, it’s as if a cheerful clown has entered the circus ring!

Majestic Wallets Feast as Prices Bounce

Over the course of two days, walletsustling between 100,000 and 1 million LINK-those are the true VIPs in the crypto mansion-amassed about 4.73 million tokens. Their total holdings grew from a modest 155 million to a more lavish 159.47 million. This cunning acquisition came after weeks of wallet stagnation, as if the whales suddenly remembered they liked to buy when everyone else was asleep.

Whales snatch 4.73 million Chainlink $LINKs in just 48 hours! 🐋🤑

– Ali (@ali_charts) December 3, 2025

Meanwhile, while these aquatic titans were busy shopping, LINK’s price was doing its best impression of a rollercoaster: dropping from over $16.50 to just above $12. But lo and behold, with the whale feast, the price staged a comeback-like a drunken sailor staggering back to shore-rebounding around $15 at the time of writing. Clearly, the big fish are making their move, and perhaps, the tide is turning.

Not to be left out of the party, last month saw over 31 million LINK taken off the exchanges-probably hiding in vaults or under mattresses-looking for a safer night’s sleep. This recent behavior hints that the long-term holders are cozying up again, whispering sweet nothings of confidence into their wallets.

Oh, and did someone say “big leagues”? The Grayscale Chainlink Trust (GLNK) just launched on the NYSE Arca, stealing the spotlight. On launch day, they raked in a staggering $37 million, followed by another $3.84 million, as if to say, “Look at me, I’m the boss now!” Now holding about $67.55 million, this ETF is proving that Wall Street’s love for Chainlink is as strong as a giant octopus squeezing its prey.

Chart-topping Dreams of Higher Heights

CryptoWZRD, the oracle of charts, points out that LINK’s daily closing was as robust as a sturdy oak. The rally is nearing a trendline breakout-could it be the start of a glorious ascent? Resistance looms at $16, while support rests at $12, ready to catch the fallen.

“A breakout of this trendline will trigger very quick upside momentum,” CryptoWZRD declared, as if conjuring a bull run from thin air. 🧙‍♂️✨

Currently trading near $15.20, a breakout might thrust LINK towards $16.90-perhaps tempting enough for a quick peek or a giant leap. Rejection, though, may leave it wandering sideways, like a lost tourist in a foreign city. Meanwhile, long-range charts suggest LINK is dancing within a rising channel, sitting near the bottom boundary-like a stubborn mule waiting for its time to rise. And wisely, CW suggests, “In this cycle, LINK will reach the middle of the upper channel,” which correlates roughly to $100-$120 in the distant future. Hold onto your hats, folks, the crypto circus is just warming up!

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2025-12-05 01:53