Chainlink supply keeps draining off exchanges More than 15.7M $LINK left exchanges in a month. A 12% drop in the supply parked on trading venues, per @SantimentData, with another 1.04M out on Sunday alone. Fewer coins on exchanges usually reads as less supply sitting ready to sell. It also lands the same month @The_DTCC ran its first live tokenized-securities trades, with @chainlink securing the plumbing. Supply tightening while the institutional use case gets more real. Holders positioning around utility, not the exit.
BSCNShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.