Chainlink’s supply on exchanges has climbed with 18.75 million tokens hitting centralized exchanges like Binance. This represents $100 million worth o
f LINK tokens, which could create considerable selling pressure on Chainlink and a likely decline in the asset’s price.
The crypto market gained around 3% last week, taking its capitalisation to $1.06 trillion - the highest since late August. The market dip at the start of the previous week has fuelled buyers' appetite.We saw something similar in the spring as capital fled regional banks in the US. Isn’t it a sign that something is brewing in the banking sector again? Trading at $26.5K, Bitcoin has recovered to 76.4% of the decline from the July peak to the September trough.
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