According to @santimentfeed, Chainlink (LINK) reached $24.00 for the first time since February 2, based on Santiment market data. According to @santimentfeed, whale transactions spiked to 713 per day during the latest 5-day rally, indicating heightened large-holder activity. According to @santimentfeed, LINK supply on exchanges fell by nearly 10% over the same period, indicating reduced immediately tradable float.

According to @rovercrc, there is a significant and growing supply scarcity of Ethereum (ETH) on centralized exchanges. On-chain data analysis reveals that the amount of ETH held on these platforms has been in a steep, continuous decline since late 2020, dropping from over 30 million ETH to approximately 10 million ETH. This substantial reduction in liquid supply suggests strong holding sentiment among investors, who are likely moving their assets to self-custody for long-term holding or staking. For traders, this dwindling exchange reserve is a critical bullish indicator, as it can create a 'supply squeeze' effect, where even a moderate increase in buying pressure could lead to a significant price surge due to limited available assets for purchase.

According to @AltcoinGordon, Bitcoin's supply on exchanges has decreased to 7.53%, the lowest since February 2018. This decline indicates reduced sell pressure and suggests strong confidence among long-term holders.

According to Santiment, Bitcoin's supply on exchanges has decreased to 7.53%, the lowest since February 20, 2018. This milestone indicates a strong trend among investors towards long-term holding, reducing potential selling pressure and possibly stabilizing prices.

According to Santiment, the available supply of Ethereum on exchanges has decreased to 8.97 million, marking the lowest level since November 2015. This reduction equates to a 16.4% decrease in Ethereum on exchanges compared to seven weeks ago, driven by the popularity of DeFi and staking options. This trend suggests decreased selling pressure, which could impact Ethereum's price dynamics positively.

According to Santiment, Ethereum has shown mild signs of a rebound, with its market value reaching $2,745 and outpacing most altcoins at the start of the week. Additionally, from a long-term perspective, Ethereum is increasingly moving off exchanges and into cold wallets, with only 6.38% of its supply remaining on exchanges. This trend is significant for traders as reduced exchange supply can indicate less selling pressure and potentially a bullish sentiment.

According to Cas Abbé, Bitcoin is experiencing its largest supply crunch in recent history, with exchange supply dropping to a 7-year low. Long-term holders are actively accumulating, while the OTC desk balance has decreased by 300,000 BTC from its peak. Despite these developments, market sentiment remains very bearish, and retail investors are capitulating.