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1.26M LINK tokens exit exchanges amid rising institutional adoption and network use

Protocol Fundamentals
06 Aug 2026
Blockonomi
View Source
Bullish
pluang ai news

In the past 24 hours, 1.26 million LINK tokens left centralized exchanges, marking the largest daily outflow since June 29. This reduction in exchange liquidity suggests stronger accumulation and less immediate selling pressure. Institutional adoption is growing, highlighted by DTCC processing tokenized security trades via Chainlink and BitGo migrating $7.7 billion in Wrapped Bitcoin infrastructure to Chainlink's CCIP network. The CCIP transfer volume surged 353% year-over-year to $4.9 billion in Q2 2026, while LINK staking remains near full capacity at 40.875 million tokens. These trends indicate expanding real-world use and long-term holding, potentially boosting Chainlink's role in crypto and traditional finance infrastructure.

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