Oracle service provider Chainlink (LINK) has been on investors’ radar recently with more than 8% gains over the last week. On Monday, January 15, the LINK price surged all the way to $16. However, as of press time, the Chainlink price is down 2.69% trading at $15.07 and a market cap of $8.5 billion.
Chainlink Exchange Supply Drops to 4-Year Low
In a recent analysis by on-chain data provider Santiment, Chainlink (LINK) experienced a noteworthy uptick over the weekend, reaching $15.82, marking its highest point in the past two weeks.
The data further reveals a significant development as the supply of LINK on exchanges has dropped below 15%, a level not witnessed in approximately four years. Additionally, the number of wallets holding more than zero LINK coins is now approaching 6% of its all-time high, indicating heightened activity and potential market dynamics for Chainlink.
Courtesy: Santiment
Furthermore, according to insights from crypto analyst Ali Martinez, Chainlink
We współpracy z: https://coingape.com/chainlink-link-price-eyes-20-as-exchange-supply-drops-to-4-year-low/
