Whale Accumulation and Derivatives Strength Signal Potential Upside for Chainlink (LINK)

Whale accumulation and derivatives strength signal potential upside for Chainlink (LINK). Chainlink is exhibiting notable durability amid the latest market retracement, supported by significant whale positioning and elevated trader conviction. Large holders have secured more than 800,000 LINK during the dip, expanding their aggregate balance to 179.45 million. This accumulation highlights strategic confidence in LINK’s broader trajectory, even as near-term volatility tests price action. With a market valuation standing at $14.8 billion, Chainlink maintains a prominent role within the digital asset sector.

the partnership between aethir and chainlink is extremely bullish news for the crypto space

— Web3Gen0.eth (@Web3Gen0) September 22, 2025

Momentum in the derivatives arena further reinforces this outlook. Open interest in LINK futures has climbed to $1.3 billion, reflecting substantial participation from leveraged traders. On Binance, the long-to-short ratio rests at 2.69, with elite participants pushing the metric higher at 2.92, while OKX data indicates a supportive long bias of 1.45. Collectively, these signals underscore constructive sentiment, with a decisive clearance above the $22.5 threshold potentially unlocking the next phase of bullish continuation.

Key Chainlink Levels To Watch – September 22

LINKUSD is showing signs of bullish strength as price holds above the key $21.00 support level. The RSI is stabilizing near 41.02, suggesting the market is preparing for a potential rebound.

Price remains just below the 9-day SMA at $23.20, indicating room for upward continuation once momentum picks up. A breakout above $26.00 could accelerate gains toward the $27.90 resistance level.

Chainlink Key Levels

Resistance Levels: $26.00, $27.90, $31.00
Support Levels: $22.10, $18.00, $15.40

LINK Metrics

Total Market Capitalization: $3.89T
Chainlink Market Capitalization: $14.82B
Chainlink Volume: $851.94M
Market Rank: #12

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