Data: The exchange supply of LINK hits a 4-year low

The latest analysis from Santiment shows that the supply of LINK on exchanges has fallen below 15% for the first time in about four years, contributing to a positive momentum. This is the lowest level since February 5, 2020, indicating a decrease in selling intentions and suggesting investors are optimistic about potential further increases. In addition, the number of wallets holding LINK tokens is close to its historical high, only 6% lower than its peak. The current number stands at approximately 71.356 million.