Chainlink Falls 21% in October Despite Tokens Leaving Exchanges
- —LINK is down 20.8% in October, trading near $11.34
- —Binance has seen 18 consecutive days of LINK outflows
- —Exchange reserves fell to 124.2 million LINK
- —Spot LINK ETFs logged 8 straight days without inflows; assets at $209.5 million
Why it matters: Exchange outflows have yet to translate into price strength, and without ETF inflows or fresh catalysts LINK may stay under pressure in November.
Source: BeInCrypto