Chainlink Exchange Balances Hit Two-Year Low, Spark Speculation

The LINK token’s exchange balance has plummeted to a two-year low, signaling reduced selling pressure. This decline coincides with continued price volatility for the token, which is hovering near crucial support levels. Community speculation about a potential bullish reversal is growing due to this dramatic dip in Chainlink (LINK) held on exchanges. 2023’s exchange balances are now being matched.