Whale wallets and new accounts are accumulating large amounts of Chainlink (LINK). Chainlink’s reserve surpasses 1.5M LINK to support network growth. White House mention and high social activity boost adoption signals.

Chainlink (LINK) has been attracting attention due to recent whale activity and growing institutional support.

According to Onchain Lens, newly created wallets have accumulated significant amounts of LINK.

Wallet 0x10D withdrew 202,607 LINK worth $2.7 million, while wallet 0xb59 withdrew 207,328 LINK worth $2.78 million.

This coordinated accumulation suggests that a single entity or institutional player may be building a substantial position in LINK.

These large purchases occurred after a period of relative selling, signalling renewed confidence among major holders.

To confirm this, LINK’s trading volume has increased by roughly 63%, indicating that market participants are taking note.

In addition to the whale accumulation, the official Chainlink reserve update shows that the network has accumulated 87,829.55 LINK in a single day.

This brings the total LINK held in the Chainlink reserve to over 1.5 million tokens.

The Reserve is designed to support long-term growth by acquiring LINK using revenue from enterprise adoption and on-chain service usage.

Such accumulation demonstrates that the network itself is actively investing in its sustainability.

Institutional recognition of Chainlink is also on the rise.

A recent tweet highlighted that Chainlink was mentioned in the White House Digital Asset Report.

RESERVE UPDATE

Today, the Chainlink Reserve has accumulated 87,829.55 LINK.

The Chainlink Reserve now holds a total of 1,504,209.16 LINK.https://t.co/oxMv5N3rFC

The Chainlink Reserve is designed to support the long-term growth and sustainability of the Chainlink Network by… pic.twitter.com/s0jMtlMrtr

— Chainlink (@chainlink) January 8, 2026

This acknowledgement indicates that regulators and government bodies are monitoring LINK adoption and partnerships.

At the same time, social engagement metrics point to a strong community interest.

A recent report by Phoenix Group stated that Chainlink leads gaming projects in social activity, with over 6.2K engaged posts and 1.3 million interactions.

This combination of on-chain accumulation, reserve growth, and social attention reinforces the idea that Chainlink is gaining real-world traction.

At press time, Chainlink was trading at $13.15, down roughly 5.5% over the past month.

Its 24-hour trading range is between $13.09 and $13.49, with a market capitalisation of $9.31 billion.

Circulating supply stands at 708 million LINK, while the Chainlink reserve and treasury holdings continue to concentrate significant amounts of the token.

Despite being down over 33% year-to-date, whale accumulation and reserve growth may act as a stabilising force.

With whale purchases and Chainlink reserve growth, LINK could see support around $13 and attempt to reclaim the $13.7–$14 range.

Sustained accumulation from both new wallets and institutional players may provide upward momentum.

If social engagement and real-world adoption continue, the network could experience renewed interest from investors.

However, price movements will still depend on overall market sentiment and broader cryptocurrency trends.

Chainlink’s combination of on-chain growth, institutional recognition from the White House Digital Asset Report, and robust social activity suggests that a potential bounce in LINK price could be on the horizon.

The post Whale purchases and reserve growth hint at a possible Chainlink (LINK) price bounce appeared first on CoinJournal.

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