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Chainlink Just Saw Its Biggest Exchange Outflow Since June – Bulls Are Watching
Aug 5, 2026
< 1 min read
by Chayanika Deka
for CryptoPotato
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Chainlink saw 1.26 million LINK in net exchange outflows over 24 hours, the largest daily outflow since June 29. Santiment says the decline in exchange supply reduces tokens available for quick sell orders, potentially lowering future sell-off risk and creating positive pressure for the token and broader crypto DeFi market.
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Chainlink recorded 1.26 million tokens in net exchange outflows over 24 hours. This was the largest daily outflow since June 29.
Santiment said the drop in exchange supply means fewer LINK tokens are available for quick sell orders, which could potentially lower future sell-off risk.
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