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.
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