The crypto market has been captivated by Chainlink ($LINK) following on-chain analysis by Ali Martinez, who highlighted an unprecedented surge in whale activity. This spike is visible in both his charts and Santiment’s on-chain dashboard, coinciding with LINK trading around the mid-$20s. Investors are now debating whether large holders are quietly accumulating or preparing for a price sell-off. Santiment’s analytics show a dramatic increase in both whale transactions (over $100,000) and active LINK addresses. This activity often accompanies significant price changes as liquidity shifts between exchanges and long-term storage, creating a potent dynamic that is currently unfolding. The on-chain data further indicates an optimistic shift in social sentiment, with bullish comments significantly outnumbering bearish ones.