LINK’s exchange supply hits 4-year low

Santiment's latest analysis shows that the supply of LINK on exchanges has fallen below the 15% mark for the first time in about four years, contributing to the positive momentum. This is the lowest level since February 5, 2020, indicating a decrease in selling pressure and optimistic attitudes among investors towards further growth potential. In addition, the number of wallets holding LINK tokens is close to the historical high, only 6% lower than the peak, currently at 71.356 million.