LINK’s exchange supply hits 4-year low
Santiment's latest analysis shows that the supply of LINK on exchanges has fallen below the 15% mark for the first time in about four years, contributing to the positive momentum. This is the lowest level since February 5, 2020, indicating a decrease in selling pressure and optimistic attitudes among investors towards further growth potential. In addition, the number of wallets holding LINK tokens is close to the historical high, only 6% lower than the peak, currently at 71.356 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US Treasury Targets Houthi Crypto Wallets, Financial Network
Securitize Reports Highest-Ever Dividend of $4.17 Million for Tokenized Treasury Product
Market Turmoil Hits Pi Network: Investors Face Uncertain Future
In Brief Pi Network's value has sharply declined, alarming many within the community. Experts predict a potential price drop of Pi Coin to $0.1 if trends continue. Investor confidence remains shaky due to regulatory and technical uncertainties.
1 in every 5 Americans hold Crypto: Ripple CLO
Trending news
MoreCrypto prices
More
