Update
Chainlink LINK Price Falls to $11.50
Chainlink’s LINK token has dropped to around $11.50, while Binance continues to see net outflows of LINK for 18 consecutive days. CryptoQuant data shows Binance has recorded net outflows of about 280,200 LINK, leading to a price drop from approximately $13 to near $11.50. The outflows have not yet lifted the market, and the market needs three to six weeks to absorb each batch of deposits from Chainlink Labs, which typically ranges from 10 million to 20 million LINK per quarter.