Chainlink (LINK) remains stuck in a $12-$15 price range as whales continue accumulating while retail investors stay disengaged. On-chain data reveals sustained whale withdrawals, contrasting with stagnant retail activity. Meanwhile, Chainlink expands its ecosystem through high-profile partnerships with Mastercard and Visa.
- Whales are absorbing sell pressure with 100,000 LINK weekly withdrawals, keeping prices stable despite 40% lower exchange reserves YTD.
- Retail activity remains stagnant with only 28,000-32,000 daily active addresses and ~9,000 transactions, failing to drive price momentum.
- Chainlink's partnerships with Mastercard and Visa demonstrate real-world utility, including fiat-to-crypto onboarding and instant cross-border CBDC settlements.
📎 Related coverage from: cryptopotato.com
