Chainlink (LINK) Logs 18-Day Binance Outflow Streak as Price Falls

LINK recorded 18 consecutive days of net outflows from Binance, but its price declined during the streak, leaving the exchange movements without confirmation that a market bottom had formed.

The latest net-outflow reading was near 280,200 LINK. That figure is the most recent reading, not a confirmed cumulative total for all 18 days. A net inflow of roughly 8.7 million LINK preceded the outflow streak.

Netflow measures tokens entering exchange wallets minus tokens leaving them. A negative reading means more tokens left Binance than arrived, but the measure does not identify who moved the LINK or why. Withdrawals can reflect transfers to other wallets or venues, and the reading alone does not show that new buyers accumulated the token.

Analyst MorenoDV_ wrote that “withdrawals reveal where tokens are moving, not why.”

A prior report covered a separate four-day transfer of 246,800 LINK from Binance to one address. That item tracked a specific transfer; the current streak measures net movement across exchange wallets.