Chainlink Registers Month Of Exchange Outflows—Altcoin To Watch?

Quick Summary:

On-chain data shows Chainlink (LINK) has seen a month of consistent outflows, something that could prove to be bullish for the altcoin’s price.

Chainlink Exchange Netflow Has Been Negative Recently In a new post on X, the market intelligence platform IntoTheBlock has discussed about the trend in the Exchange Netflow for Chainlink.

Given this trend, it’s possible that the investors have been in a phase of accumulation.

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Article Details

Author / Journalist: Keshav Verma

Category: Crypto

Markets: Hungary

Topics: LINK Chainlink Chainlink News LINKUSDT Chainlink Withdrawals Chainlink Accumulation Chainlink Exchange Outflows Altcoins

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-23 @ 01:30:08 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 431 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 28162112

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About Bitcoinist

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Official Website: bitcoinist.com

Update Frequency: 11 posts per day

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News Last Updated: 9 hours ago

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