Chainlink Holds Above $12 as 220 Million Tokens Leave Exchanges
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币界网报道：Chainlink (LINK) has seen a significant withdrawal of tokens from exchanges, with 12.22 million LINK (worth approximately $220 million) moved to non-exchange wallets recently. This large-scale outflow suggests potential accumulation by long-term holders, as reduced exchange supply often signals decreased selling pressure. The movement coincides with LINK's price holding steady around $18 despite broader market volatility. Analysts note such exchange withdrawals historically precede price rallies, as seen in early 2023 when similar patterns led to a 200% surge. The current circulating supply on exchanges now stands at just 16% of LINK's total supply, the lowest level since 2021.
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