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Chainlink Price Dropped 21% in October Despite Continued Exchange Outflows
(3 hours ago) · 1 source · Summarized by CryptoBipto
Chainlink's LINK token declined approximately 21% during October 2026, even as data showed tokens continuing to leave exchanges. Exchange outflows are often interpreted as a sign of reduced selling pressure, but in this case the price still fell significantly.
WHY IT MATTERS
When people move cryptocurrency tokens off exchanges, it is sometimes seen as a sign that they plan to hold rather than sell.
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SOURCES
- beincrypto.com
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