Chainlink (LINK) whale wallets have accumulated over 20 million tokens since early November, as the cryptocurrency's price approaches $20. According to Santiment data, the top 100 wallets have added 20.46 million LINK, valued at approximately $263 million, indicating a steady buying trend. This accumulation coincides with renewed interest in Chainlink's involvement in JPMorgan's Ethereum tokenization initiatives. While analysts view this as a strategic long-term position, the future direction of LINK's price remains uncertain, influenced by broader market trends, interest rates, and regulatory developments.