Chainlink (LINK) Sees Surge in Outflows, Fueling Accumulation Hopes

Chainlink (LINK) has experienced a significant surge in exchange outflows over the past month. This trend, reaching $120 million in net outflow, suggests long-term investment strategies by investors, potentially paving the way for price increases. The increased trading activity is attributed to factors like expanding decentralized finance (DeFi) applications and growing institutional interest in the crypto market.