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Chainlink's Negative Exchange Netflows Indicate Accumulation | Flash News Detail | Blockchain.News

Chainlink's Negative Exchange Netflows Indicate Accumulation

10/23/2024 11:10:27 AM

Chainlink's Negative Exchange Netflows Indicate Accumulation

According to intotheblock, Chainlink (LINK) has experienced consistent negative exchange netflows for nearly a month. This pattern suggests that holders are withdrawing LINK from exchanges, likely moving them to cold storage or private wallets. Such behavior is often interpreted as accumulation, as it reduces the immediate sell pressure on the market. (Source)

Chainlink Accumulation LINK exchange netflows

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