Chainlink Whale Wallets Surge to 25,420 as Accumulation Grows

Highlights:

• Chainlink whale wallets have surged to a 2026 all-time high, amid rising accumulations. 
• Santiment’s new report showed that the number of wallets holding at least 10,000 LINK has exceeded 25,000. 
• Santiment attributed the continuous expansion to LINK’s selling price, which has maintained levels between $9 and $10.

Crypto intelligence platform Santiment reported that mid- to large-tier Chainlink wallets have spiked to a 2026 high. According to an X post dated 26 March, the analytical intelligence firm stated that 25,420 wallets now hold at least 1,000 LINK tokens. This is the highest amount ever recorded since December 3. Santiment added that since the beginning of February, LINK has maintained price levels around the $9 to $10 region. Consequently, larger capital wallets have gradually shifted their attention to Chainlink in anticipation of a future price breakout. 

Advertisement

📈 There are now 25,420 wallets holding at least 1,000 Chainlink tokens, the highest amount since Dec. 4th. As $LINK remains in its range of $9 to $10 since early February, larger capital wallets have been gradually returning to the network in anticipation of a future breakout. pic.twitter.com/rKpFXrDB9K

— Santiment (@santimentfeed) March 26, 2026

LINK Continues to Trade Below $10 as Whale Wallets Surge

At the time of press, Chainlink’s price is down 2.2% in the past 24 hours. It has a market cap of about $6.4 billion and ranks as the 17th most valuable cryptocurrency on CoinGecko. LINK’s trading volume sits at $349.5 million, while its fully diluted valuation is $9.1 billion. In the past week, the asset declined by 0.8%. It also dropped below its all-time high (ATH) by 83%. However, LINK’s 14-day-to-date and month-to-date variables showed that the asset spiked by 2.3% and 11.2%, respectively. 

On Coincodex, LINK’s supply inflation is high at 10.97% with a medium volatility of 3.71%. “Fear & Greed Index sits at “Extreme Fear,” while sentiment remains bearish. In the past year, LINK’s price has dropped by 41%, while 51% of the top-performing cryptocurrencies have outperformed LINK over the same period.

Expert Explains Why Chainlink Total Wallets Have Remained Below 1M

On 18 March, a market expert and Chainlink analyst shared a tweet explaining why the total number of LINK wallets has remained low compared to other assets like XRP. In the X post, the expert stated that the number of wallets holding LINK is still around 850,000. He said the figure might seem small at first glance. However, it actually explains a lot about how Chainlink is positioned among competitors in the crypto market. 

According to the analyst, one major reason for the relatively low amount of Chainlink wallets is the project’s complexity. He said Chainlink’s services cut across many areas, making it difficult for the average user to fully grasp its functionalities. “But once you understand, you will not want anything else. It’s a token that will win big, and the number of wallets makes it obvious,” he added.

Going forward, the analyst noted that investors who take time to understand Chainlink often become long-term holders. He said many of them build large positions rather than trading in and out. This helps explain why Chainlink still ranks among the top cryptocurrencies despite having fewer wallets than expected.

Comparing XRP to Chainlink, the expert noted that XRP has a larger user base partly because its use case is easier for many people to understand. He added that, unlike Chainlink, XRP presents a clear and simple idea, making it more accessible to new investors. On the other hand, Chainlink focuses on deeper infrastructure within the financial system. 

The analyst stated:

“There is a reason why XRP is bigger than LINK. It is easy for retail to understand, but once you understand what the real problems are in traditional finance, you realise they will need LINK.

I think $LINK only having 858 000 wallets that hold the token explains a lot.

First of all, it's not that easy to understand chainlink. It takes a lot of time to really understand all $LINK services and how they fit into the bigger picture.

But once you understand, you really…

— LinkBoi (@LinkBoi777) March 18, 2026

Advertisement