Santiment data shows that over the past year, the number of large addresses holding over 1 million LINK has increased by 25% against the trend, with whale accounts rising from 100 to 125.

Even as the market remains challenging and sentiment is subdued, the movement of holdings is very clear: typical retail investors are exiting, while whales are accumulating. While most people are doubting and hesitating, smart money is deploying on a large scale, highlighting the high consensus among major players on the core value and moat of the oracle track.
From on-chain data, holdings are continuously flowing from exchanges and retail investors into deep-water wallets. Once concentration reaches a high level, any slight liquidity rebound could trigger explosive price movements. The main players are clearly betting on a long-term narrative, and veteran investors are waiting for confirmation signals on the right side.
Do you think these whales are holding back for a big move, or are they planning to be long-term shareholders?