Chainlink Shows Strong Accumulation Signal: LINK Exchange Liquidity Dries Up

Chainlink is trading under sustained pressure as the price continues to struggle below the $13 level, failing to regain the bullish momentum that defined earlier phases of the market cycle. Repeated attempts to reclaim higher ground have been rejected, reinforcing a cautious outlook among traders. As broader market sentiment remains fragile, a growing number of analysts are warning that LINK could face additional downside before a meaningful recovery takes shape. Related Reading: Trust Wallet Exploit Drains $7M: Hundreds Of Users Affected Despite the weak price action, on-chain data tells a more nuanced story. Analyst at CryptoQuant, known as CryptoOnchain, reports that recent market data reveals a compelling convergence between on-chain metrics and technical structure, pointing to growing accumulation activity at current levels. While price remains compressed, underlying behavior suggests that larger market participants may be positioning quietly rather than exiting. This divergence b