Chainlink (LINK) Poised for 30% Surge as Exchange Withdrawals Signal Bullish Momentum

BTCC / BTCC Square / Global Cryptocurrency /

Author:

Release Time:

2025-08-13 10:10:17

Chainlink LINK News -

Chainlink's LINK token has jumped 13% in the past 24 hours, hitting $23 and notching a 51.2% weekly gain—outperforming a mostly flat crypto market.

On-chain metrics show a sharp 2 million LINK withdrawal (worth $46 million) from exchanges within 48 hours. Such moves typically indicate reduced sell pressure, as tokens need to be redeposited before trading. Historical data suggests these withdrawals often precede price rallies.

Retail demand remains strong, with wallet counts holding steady despite recent price increases. Shrinking exchange reserves combined with sustained accumulation could trigger a supply crunch. Whales appear to be positioning for upside while retail investors continue buying the dips.

By:

Log in to Reply

Wisconsin Senators Propose Stricter Regulations for Crypto ATMs to Combat Fraud

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.