Derived from BitJie, Chainlink's (LINK) exchange reserves have fallen from over 180 million to 146 million tokens since January, with over 15 million LINK redeemed in the past 30 days. This decline indicates a shift from short-term speculation to long-term holding, staking, and decentralized integration. The reduced liquidity supply may strengthen bullish potential, as historical patterns suggest such outflows often precede price rebounds. Meanwhile, buyers are defending the $15.61 support level, with a potential breakout above $18.04 seen as a key confirmation for a new upward move.
Chainlink Exchange Reserves Drop 18% as Market Shifts to Long-Term Holding
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