Chainlink SVR Pulled $17M from Aave – LINK Price Down 83% as Revenue Hits All‑Time High

The LINK price is trading around $9.55 after daily trading volume climbed 7% over the past 24 hours. Even with the token still down 83% from its all-time high, large investors keep accumulating. 

Santiment data shows the number of wallets holding at least 100,000 LINK reached a record 805 this week, up 8.2% in seven weeks. Also, Chainlink (LINK) expanded deeper into traditional finance and cloud infrastructure through integrations with Fidelity International, the DTCC, and Amazon’s AWS Marketplace. 

These developments are helping fuel a growing belief among traders that Chainlink may already be generating real business revenue far beyond what the Chainlink price is today.

Chainlink’s SVR System Is Becoming a Serious Revenue Business

A post from crypto market account aixbt brought fresh attention to Chainlink’s Smart Value Recapture system, also known as SVR. The post claimed Chainlink generated $17 million in revenue from Aave liquidations alone by auctioning liquidation opportunities directly at the oracle layer before they reached the mempool. Out of that total, $11 million reportedly went back to Aave and $6 million flowed to Chainlink.

The system processed around $700 million in liquidations without creating bad debt. That matters because liquidation chaos has become a major problem across DeFi during volatile market conditions. 

SVR changes how those liquidations are handled by allowing sealed-bid auctions before trades execute on-chain. The tweet also argued that oracle competitors like Pyth cannot easily copy this structure because it depends on precise control over price feed timing.

That point is important for the Chainlink price narrative. Traders have spent years debating whether Chainlink’s technology actually creates a defensible edge. SVR may be one of the first examples where the protocol is directly extracting measurable revenue from its infrastructure instead of depending on future adoption narratives.

The thread also pointed toward future expansion. If protocols like Morpho, Compound, and Spark integrate SVR at even half the rate of Aave, Chainlink could generate another $10 million or more in recurring yearly revenue from a single product line. 

Combined with two spot LINK ETFs already attracting more than $120 million in inflows without a single outflow day, some investors believe the market may be undervaluing Chainlink’s growing business model.

News Driving the Chainlink Price

Institutional adoption continues to support the bullish case for Chainlink. Fidelity International deployed a tokenized investment product using Chainlink for on-chain Net Asset Value reporting. 

The DTCC is also testing Chainlink infrastructure for tokenized collateral management systems. Those are real operational deployments from some of the largest financial entities in the world, not early-stage experiments.

Chainlink also launched its oracle services, including Data Feeds and Proof of Reserve, on the AWS Marketplace. That move gives enterprise developers easier access to integrate blockchain data tools directly into cloud applications. 

Since AWS remains the dominant cloud platform globally, many traders see this as a major distribution channel for future Chainlink usage.

Whale accumulation is also supporting the LINK price. More than 13.5 million LINK tokens moved off exchanges in recent weeks as reserves dropped to multi-year lows. 

That reduces available sell-side liquidity at a time when large holders continue adding to positions below the $10 mark. Even so, token unlocks remain a concern because they increase circulating supply and can slow price recoveries during weak market conditions.

Related Chainlink News: Analysts Believe This Could Be Chainlink (LINK) Biggest Technical Shift in Months – Here’s Why

Chainlink Chart Analysis

We had a look at the chart, and price action still looks trapped inside a broad consolidation range. LINK traded between roughly $8.20 and $10.80 for most of the past several weeks. Buyers defended the $9.40 to $9.50 area multiple times, which lines up closely with the Monthly Point of Control traders have been watching.

The chart also shows the LINK price struggling to fully reclaim the $10 level after its May rally. LINK touched $10.80 for a short time, then sellers pushed it right back down. Ever since, the price has made lower highs. But the drop has slowed down over the last few days. That could mean sellers are losing steam near support.

Source: Tradingview.com

The indicators are sending mixed signals. The RSI histogram turned a little positive, but the overall strength is still weak compared to the breakout in early May. The stochastic oscillator climbed back above 70, so buyers are trying for another short-term push. Still, no one has confirmed a breakout above resistance yet.

For buyers, the line to watch is $9.92, right near the 100-day moving average. A clean move above that could send the LINK price back toward $10.80, and then maybe to $12 if the rest of the crypto market holds up. But if LINK loses $9.40, traders will start looking for a drop down to the $8.80 zone.

However, Chainlink is entering a very different phase compared to previous crypto cycles. The network is no longer only selling a future vision of blockchain infrastructure. It is beginning to generate measurable revenue through products like SVR as major financial firms integrate its technology into real-world systems. 

The LINK price is still far from its all-time high. But big holders keep adding to their bags. Institutions are putting money to work. And the network keeps finding new ways to earn revenue. All of that keeps traders watching.

The big question for buyers is whether LINK can get back above $10. And then turn all that growing use into a real recovery that lasts.

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Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

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