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Why LINK’s Supply Plunge Could Be Huge for Bulls: Is $100 Viable?


by Olivia Stephanie
for CryptoPotato
Why LINK’s Supply Plunge Could Be Huge for Bulls: Is $100 Viable?

TL;DR

  • LINK exchange supply drops sharply, pointing to increased accumulation and reduced selling pressure.
  • CryptoQuant data shows heavy net outflows; holders are moving LINK off exchanges at scale.
  • Chainlink partners with SBI Group as analysts predict a breakout after a painful price dip.

Exchange Supply Hits Lowest Level on Record

Chainlink’s native token, LINK, has seen a steady decline in its exchange-held supply, according to on-chain data shared by crypto analyst Wimar.X. Throughout August, data shows a steady decline, with a sharp fall recorded between August 10 and 11. The shift suggests more holders are moving tokens off exchanges, reducing the available supply for trading.

Read the article at CryptoPotato

Read More

Chainlink Eyes Fresh Upside As Oversold Bounce Sets Stage For Bullish Continuation

Chainlink Eyes Fresh Upside As Oversold Bounce Sets Stage For Bullish Continuation

Sharing his daily technical outlook, CryptoWzrd noted in a recent post that Chainlink...
We Asked 3 AIs If Ripple’s (XRP) Best Days Are Over in 2025

We Asked 3 AIs If Ripple’s (XRP) Best Days Are Over in 2025

Was the July 2025 peak as good as it's going to get for XRP this year?

Why LINK’s Supply Plunge Could Be Huge for Bulls: Is $100 Viable?


by Olivia Stephanie
for CryptoPotato
Why LINK’s Supply Plunge Could Be Huge for Bulls: Is $100 Viable?

TL;DR

  • LINK exchange supply drops sharply, pointing to increased accumulation and reduced selling pressure.
  • CryptoQuant data shows heavy net outflows; holders are moving LINK off exchanges at scale.
  • Chainlink partners with SBI Group as analysts predict a breakout after a painful price dip.

Exchange Supply Hits Lowest Level on Record

Chainlink’s native token, LINK, has seen a steady decline in its exchange-held supply, according to on-chain data shared by crypto analyst Wimar.X. Throughout August, data shows a steady decline, with a sharp fall recorded between August 10 and 11. The shift suggests more holders are moving tokens off exchanges, reducing the available supply for trading.

Read the article at CryptoPotato

Read More

Chainlink Eyes Fresh Upside As Oversold Bounce Sets Stage For Bullish Continuation

Chainlink Eyes Fresh Upside As Oversold Bounce Sets Stage For Bullish Continuation

Sharing his daily technical outlook, CryptoWzrd noted in a recent post that Chainlink...
We Asked 3 AIs If Ripple’s (XRP) Best Days Are Over in 2025

We Asked 3 AIs If Ripple’s (XRP) Best Days Are Over in 2025

Was the July 2025 peak as good as it's going to get for XRP this year?