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

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.