Chainlink Price Falls as Crypto Market Declines but Whale Accumulation Grows
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 04 2025Chainlink Price Decline: Chainlink's price fell to $15.68, a 20% drop from its July high, amid a broader crypto market sell-off influenced by economic factors such as tariffs and weak job growth.
Whale Accumulation and Future Projections: Despite the price decline, whale holdings of Chainlink increased by 13%, indicating reduced selling pressure, while technical analysis suggests a potential rise toward $25.60 in the coming phases of the Elliot Wave pattern.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
