The Bull Case: LINK Supply on Exchanges Hits 5-Year Low

[etfs]

Despite bearish ETF history, Chainlink has one powerful bullish signal:

LINK supply on exchanges just dropped to its lowest level since 2020.

Historically, every major LINK rally began with the same pattern:
shrinking exchange balances
long-term accumulation
thinning liquidity

Smart money has been loading quietly — the timing just hours before GLNK goes live is… interesting.

If demand increases, supply is already tight.

[Nahid Hossen]

LINK supply hitting a 5-year low is a strong bullish indicator. Demand rising.