Santiment says LINK whale transactions hit a five-month daily high

Santiment says LINK whale transactions hit a five-month daily high

N
News Editor
2026-08-12 07:22:49
Santiment data shows a sharp pickup in whale activity around Chainlink’s LINK token. Over the past 24 hours, the market intelligence firm recorded 246 LINK transactions worth more than $100,000, the highest single-day total in five months. At the same time, wallets holding between 100,000 and 10 million LINK now collectively control about 466.3 million tokens, equal to 46.57% of total supply, suggesting that the latest burst of large transfers has come alongside rising balances in that cohort. Santiment also said Chainlink continues to expand across Cross-Chain Interoperability Protocol (CCIP), tokenized assets, stablecoins, institutional data, and new cross-chain channels. Based on those metrics, the firm said the network is still positioned as a core oracle infrastructure layer for on-chain finance.

Whale activity in Chainlink’s LINK token picked up sharply over the past 24 hours, according to Santiment. The analytics firm recorded 246 LINK transactions valued at more than $100,000, marking the highest single-day count in five months.

At the same time, wallets holding between 100,000 and 10 million LINK collectively hold about 466.3 million tokens. That amounts to 46.57% of total supply, a sign that the latest wave of whale activity has coincided with balance growth in that wallet segment.

Santiment also said Chainlink is still expanding across Cross-Chain Interoperability Protocol, or CCIP, tokenized assets, stablecoins, institutional data, and new cross-chain channels. The firm added that official metrics still place the network as a core oracle infrastructure layer for on-chain finance.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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