Chainlink Price Prediction: Whale Accumulation and Network Growth Signal Next Move

TLDR:

• Whales added over 2.50 million LINK in 10 days, signaling sustained accumulation and confidence.
• Nearly 1,500 new LINK addresses are created daily, reflecting steady network growth and adoption.
• Chainlink faces resistance near $16, where 16.9 million LINK were previously acquired by holders.
• A larger barrier sits at $17.70, where 22.7 million LINK were accumulated in past trading activity.

Chainlink is trading at $14.06 as of September 26, 2026, up 1.10% over the past 24 hours. The token has gained 12.70% over the past week, with trading volume reaching $584,091,275.44.

As traders ask where Chainlink heads next, on-chain data points to steady whale accumulation and expanding network activity. Two resistance zones now stand as the levels most likely to shape the coming price action.

Whale Buying Builds the Case for Higher Prices

Large Chainlink holders have added more than 2.50 million LINK over the past ten days, according to data from Santiment Intelligence.

This buying has continued at a steady pace without signs of slowing down. Crypto analyst Ali Charts highlighted the trend in a recent thread on X, framing it as a key factor behind the question of where Chainlink goes next.

Sustained whale accumulation often reflects confidence among large holders, even when broader market conditions remain uncertain. The scale of recent buying suggests these wallets are positioning for further upside rather than reacting to short-term price swings.

Alongside whale activity, Chainlink’s network continues to expand. Nearly 1,500 new LINK addresses are being created each day, based on the same Santiment data. Growth in new addresses is often viewed as a sign of rising adoption across a network.

Taken together, whale accumulation and address growth form the foundation of the current bullish outlook. Ali Charts noted that historical patterns show similar combinations preceding notable rallies, though outcomes depend on whether demand holds steady in the weeks ahead.

Resistance at $16 and $17.70 Will Determine the Next Move

The first major hurdle for Chainlink sits near $16, according to data from Glassnode. Roughly 16.9 million LINK were previously acquired at this level, creating a cluster of holders who may act as sellers when price approaches.

If Chainlink clears that zone, a second and larger resistance level appears near $17.70. Data shows approximately 22.7 million LINK were accumulated at this price point, making it a more significant barrier to sustained upward movement.

Ali Charts’ thread outlined these levels as the primary markers to watch, combining whale positioning data with network growth trends to frame the broader question of Chainlink’s next direction. The analysis pointed to $16 as the immediate test, with $17.70 representing the larger challenge beyond it.

For now, the answer to where Chainlink heads next depends on whether current buying pressure can push price through these two zones.

Continued whale accumulation and steady network growth suggest underlying demand remains intact, even as resistance levels loom ahead.

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