Chainlink (LINK) Jumps 13% as Exchange Outflows Signal Bullish Accumulation

BTCC / BTCC Square / Global Cryptocurrency /

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2025-05-09 12:49:12

Chainlink LINK News -

Chainlink (LINK) has surged 13% as on-chain data shows significant withdrawals from centralized exchanges. Analyst Ali Martinez noted a sharp increase in LINK exchange outflows, indicating investors are moving tokens to self-custody wallets—a bullish sign for long-term holding.

The timing of these outflows preceded the price rally, suggesting strategic accumulation by large holders. Market watchers view this activity as a potential indicator of further price appreciation ahead.

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