Chainlink ($LINK) recorded its highest single-day exchange outflow since December 2, 2025, according to data shared by Santiment.
The data showed that 970,430 $LINK left known exchanges on April 27, 2026. The withdrawn tokens were worth about $8.95 million based on $LINK’s average price at the time. Large exchange outflows often show that traders are moving assets into private wallets.
The withdrawals came as the wider crypto market slowed after a recent rally. Chainlink still saw strong activity, as traders appeared to use the price pullback to increase their holdings.
Exchange outflows can reduce the amount of $LINK available for trading on platforms such as Binance. If demand remains steady, lower exchange supply may support price stability.
$LINK price slips despite rising demand
$LINK traded at $9.23 at the time of writing, according to CoinGecko data. The token was down 0.98% over the past 24 hours, showing weak short-term momentum.
The decline came after a recent price recovery. However, the latest withdrawal data showed that some investors continued to accumulate $LINK despite the weaker price action.
BridgeTower uses Chainlink stack for tokenized securities
Elsewhere, BridgeTower Capital has deployed Chainlink’s full infrastructure stack to support tokenized securities tied to the DOM X Arizona Copper-Gold Project. The project is linked to an $11 billion U.S. natural resource initiative.
The companies described the deployment as “live production infrastructure” rather than a pilot. The move adds another real-world asset use case for Chainlink as institutional interest in tokenization grows.
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