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Chainlink sees largest single-day exchange outflow since 2025 amid steady demand and new tokenized securities use.

Market News
28 Apr 2026
Crypto news
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Neutral
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Chainlink experienced its highest one-day exchange outflow since December 2025, with 970,430 LINK tokens worth about $8.95 million withdrawn from exchanges on April 27, 2026. Despite this, LINK's price dipped slightly to $9.23, showing weak short-term momentum amid a broader crypto market slowdown. The large outflows suggest investors are moving tokens to private wallets, potentially reducing trading supply and supporting price stability if demand holds. Additionally, BridgeTower Capital deployed Chainlink's infrastructure for tokenized securities linked to an $11 billion natural resource project, highlighting growing institutional use cases for Chainlink technology.

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Bitcoin dips amid cautious market; Ethereum rises on selective investor interest.

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