UPDATE: Chainlink sees 1.26M LINK in net exchange outflows over 24 hours, largest daily withdrawal since June 29 — Santiment

AI Market Summary

Chainlink saw 1.26 million LINK in net exchange outflows over 24 hours, the largest since June 29 per Santiment. Large outflows typically indicate reduced near-term liquid supply on exchanges and a shift toward self-custody, often interpreted as constructive positioning rather than distribution. In the short run, this can tighten available liquidity and amplify market sensitivity to incremental demand in LINK.

Impact level

● Medium

Affected assets

LINK/USDT-0.50%

AI Insight · LINK/USDTAI Insight

▲ Bullish

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UPDATE: Chainlink logged net exchange outflows of 1.26 million LINK over the past 24 hours, marking the biggest single-day withdrawal since June 29, according to Santiment.

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