18 Days of LINK Outflows: Chainlink Faces Selling Pressure
Photo: Coinfomania
Chainlink faces 18 consecutive days of outflows as market sentiment shifts. Here's why traders are concerned. Whale movements could be influencing LINK's price dynamics amid broader market fluctuations. Chainlink has faced notable selling pressure, with 18 consecutive days of outflows reported. This trend has raised concerns about market sentiment surrounding LINK. According to a tweet by @cryptoquant_com, despite the price corrections, substantial amounts of LINK continue to leave exchanges like Binance. This situation could indicate deeper issues in trader conviction moving forward. The recent data reveals that Chainlink’s market activity has been characterized by a persistent outflow trend.
Source: Coinfomania
