Entity Accumulates 10% of LINK Tokens Through 48 Wallets, Analyst Reports

PANews posted on X (formerly Twitter). An analysis by on-chain analyst LinkBoi has revealed that a single entity may have accumulated approximately 10% of LINK tokens using 48 interconnected wallets. The investigation into the top 100 LINK holders showed that these wallets each hold around 2 million LINK tokens and exhibit highly synchronized trading patterns. The analyst noted that the wallets executed similar-sized purchases on identical dates, suggesting they are likely controlled by the same entity. Between August 2025 and January 2026, this entity reportedly amassed about 100 million LINK tokens, representing 10% of the total supply. The accumulation strategy appears to have been meticulously planned to avoid drawing market attention or affecting the token's price. The identity of the entity remains undisclosed.