Chainlink Sees Over $120 Million Withdrawn from Exchanges
- Chainlink (LINK) experienced withdrawals exceeding $120 million from exchanges in the last month.
- This trend suggests holders are moving LINK to private storage, indicating long-term holding intentions.
- The current price of Chainlink is $13.87, with a market capitalization of $13.81 billion.
- Chainlink’s ecosystem is expanding with partnerships involving Swift, DTCC, and Fidelity.
- Chainlink Labs joined the Digital Chamber’s Executive Committee on April 21, 2025.
Over the past month, more than $120 million of Chainlink has been withdrawn from exchanges, highlighting a shift towards long-term holding strategies among investors and contributing to its current price momentum.
Source (2.6)https://coingape.com/over-120-million-chainlink-exit-exchanges-what-is-happening/?rand=24432
