[Analysis: Suspected Entity Accumulates 10% of LINK Tokens Through 48 Associated Wallets Over Six Months] According to on-chain analyst LinkBoi, an analysis of the top 100 LINK holding addresses revealed that 48 wallets hold nearly identical amounts of LINK (approximately 2 million tokens each) and exhibit highly consistent trading patterns. These wallets were all created between August and November 2025, and all purchase activities originated from the same Coinbase hot wallet address. Based on the high similarity in transaction heatmaps—where these wallets executed buy operations of similar scale on the exact same dates—the analyst believes these addresses are highly likely controlled by the same entity. This entity accumulated approximately 100 million LINK tokens, roughly 10% of LINK's total supply, between August 2025 and January 2026. The accumulation strategy was meticulously designed to avoid drawing market attention or impacting prices. The identity of this entity remains undisclosed.