Close Menu
Chain Tech Daily

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Bitcoin price holds $64K as LAB and AERO lead altcoin gains

    June 22, 2026

    NBA Gambling Scandal: at least $400,000 in ETH seized

    June 22, 2026

    MainStreet defends MSUSD backing after 85% price drop

    June 22, 2026
    Facebook X (Twitter) Instagram
    Chain Tech Daily
    • Altcoins
      • Litecoin
      • Coinbase
      • Crypto
      • Blockchain
    • Bitcoin
    • Ethereum
    • Lithosphere News Releases
    Facebook X (Twitter) Instagram YouTube
    Chain Tech Daily
    Home » Chainlink exchange outflows hit biggest level since December
    Crypto

    Chainlink exchange outflows hit biggest level since December

    James WilsonBy James WilsonApril 28, 20262 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email



    Chainlink (LINK) recorded its highest single-day exchange outflow since December 2, 2025, according to data shared by Santiment. 

    Summary

    • Chainlink recorded 970,430 LINK in net exchange outflows, its highest one-day withdrawal since December 2025.
    • LINK traded at $9.23 despite rising demand, showing weak short-term momentum across the broader market.
    • BridgeTower deployed Chainlink infrastructure for tokenized securities tied to the $11 billion DOM X project.

    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 The withdrawn tokens were worth about $8.95 million based on LINK’s average price at the time.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.

    Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    James Wilson

    Related Posts

    Crypto June 22, 2026

    Bitcoin price holds $64K as LAB and AERO lead altcoin gains

    Crypto June 22, 2026

    MainStreet defends MSUSD backing after 85% price drop

    Crypto June 21, 2026

    Ripple seeks GenAI staff as XRPL adds AI agent payments

    Crypto June 21, 2026

    Joseph Lubin defends Vitalik Buterin’s Ethereum fiction project

    Crypto June 21, 2026

    Saylor’s Bitcoin machine faces a test

    Crypto June 21, 2026

    the chart vs the story

    Leave A Reply Cancel Reply

    Don't Miss
    Crypto June 22, 2026

    Bitcoin price holds $64K as LAB and AERO lead altcoin gains

    Bitcoin recovered above $64,000 over the weekend after Friday’s drop below $62,400, but the wider…

    NBA Gambling Scandal: at least $400,000 in ETH seized

    June 22, 2026

    MainStreet defends MSUSD backing after 85% price drop

    June 22, 2026

    CZ doesn’t like memecoiners worshipping a golden idol of him

    June 22, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • YouTube
    • LinkedIn
    Our Picks

    Bitcoin price holds $64K as LAB and AERO lead altcoin gains

    June 22, 2026

    NBA Gambling Scandal: at least $400,000 in ETH seized

    June 22, 2026

    MainStreet defends MSUSD backing after 85% price drop

    June 22, 2026

    CZ doesn’t like memecoiners worshipping a golden idol of him

    June 22, 2026

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Don't Miss
    Crypto June 22, 2026

    Bitcoin price holds $64K as LAB and AERO lead altcoin gains

    Bitcoin recovered above $64,000 over the weekend after Friday’s drop below $62,400, but the wider…

    NBA Gambling Scandal: at least $400,000 in ETH seized

    June 22, 2026

    MainStreet defends MSUSD backing after 85% price drop

    June 22, 2026

    CZ doesn’t like memecoiners worshipping a golden idol of him

    June 22, 2026

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    About Us
    About Us

    ChainTechDaily.xyz delivers the latest updates and trends in the world of cryptocurrency. Stay informed with daily news, insights, and analysis tailored for crypto enthusiasts.

    Our Picks
    Lithosphere News Releases

    Lithosphere Deploys Full-Stack Development Environment for AI-Native Applications

    May 1, 2026

    Lithosphere Integrates AI Mock Providers for Continuous Integration Workflows

    April 30, 2026

    Lithosphere to Launch Devnet Environment for Scalable AI Application Testing

    April 29, 2026

    Lithosphere Introduces Visual Builder for AI-Native Smart Contracts

    April 28, 2026
    X (Twitter) Instagram YouTube LinkedIn
    © 2026 Copyright

    Type above and press Enter to search. Press Esc to cancel.