TLDR
- Chainlink exchange reserves fell by 34 million LINK since early 2025.
- LINK is trading near $16.06, close to key support in a falling channel.
- The FTSE Russell deal brings global indices on-chain via Chainlink DataLink.
- Money Flow Index at 45.79 suggests capital inflows may be stabilizing.
Chainlink’s recent partnership with global index provider FTSE Russell and a steady drop in exchange reserves are setting the stage for a possible price recovery. As LINK holds near key support levels, technical indicators suggest accumulation may be building. With demand rising and supply tightening, the token is drawing closer attention in the final quarter of 2025.
Technical Setup Shows Price Compression Near Support Levels
Chainlink (LINK) is trading near $16.06, approaching the lower edge of a falling price channel that began in mid-September. The price action within this pattern reflects reduced momentum from both buyers and sellers, leading to a narrowed trading range.
The $15.40–$14.00 price zone has acted as a recurring area where accumulation takes place. Large holders and long-term investors often build positions in this zone, absorbing short-term sell-offs. This pattern shows that traders are preparing for a shift in market direction.
The Money Flow Index (MFI), now recorded at 45.79, supports this view. The index suggests capital inflows are stabilizing after previous declines. Historically, such levels indicate the market is reaching a point where buying interest may begin to dominate again.
Potential Breakout Levels Point to Recovery Toward $30
If LINK breaks above $18, it may start a gradual climb toward the $20 level. This area has repeatedly stopped earlier price advances, acting as a strong point of resistance. A sustained move past this level could open the door for a further rise.
Traders are also watching the $23.50 zone as the next key area for price activity. Moving above this could push LINK toward the $25 mark, which aligns with recent patterns on the 4-hour chart. Analysts suggest that if bullish pressure continues, LINK could reach $30 by the end of Q4 2025, which would represent an 86% increase from current prices.
FTSE Russell Partnership Expands Chainlink’s Institutional Reach
The recent partnership between Chainlink and FTSE Russell brings traditional financial data into the blockchain environment. FTSE Russell will publish global indices on-chain using Chainlink’s DataLink, offering verified financial data in a decentralized format.
This collaboration adds to Chainlink’s efforts to make blockchain technology more accessible to institutional players. By supporting real-world data sharing, Chainlink strengthens its use case in the financial ecosystem. The move also provides a new layer of transparency and efficiency for data delivery to smart contracts.
The partnership is seen by market watchers as a major development in connecting off-chain financial infrastructure with on-chain applications. It may also encourage broader adoption of Chainlink among data providers and financial institutions.
Exchange Reserves Drop as Holders Move Tokens Off-Chain
According to CryptoQuant, LINK exchange reserves have dropped from over 180 million to around 146 million tokens since early 2025. This 34 million token reduction suggests a growing trend of moving assets into long-term storage or staking.
Such a decline often reduces selling pressure in the market. When traders move tokens off exchanges, it typically means they do not plan to sell soon. This supports the view that holders are waiting for higher prices in the coming weeks.
CoinGlass data also supports this trend. Accumulation continues across various wallets, suggesting that investors are positioning themselves ahead of a possible breakout. These movements match earlier patterns seen before price uptrends.
