LINK Outflow Hits 2026 High at 970,000 Tokens
On-chain data from Santiment shows 970,430 LINK tokens left centralized exchanges on April 27 in a single day, the largest LINK outflow since December 2, 2025, worth approximately $8.95 million, as exchange reserves continued a 25-day decline from 141.5 million to 130.9 million.The 970,430 LINK withdrawal on April 27 was worth approximately $8.95 million at the time and represents the largest single-day net outflow for Chainlink since December 2, 2025.Exchange reserves have fallen consistently since April 3, when a 15-million-token inflow spike pushed reserves to their 30-day peak of 141.5 million tokens before a sustained withdrawal trend reversed the entire move.LINK was trading near $9.23 with an RSI of 42.31, below all three major moving averages, with the $9.50 level as the near-term resistance analysts identify as the breakout trigger. LINK outflow data published by Santiment on April 27 showed 970,430 tokens leaving centralized exchanges in a single session, the largest daily net outflow for Chainlink since December 2, 2025. NewsBTC reported that the Exchange Flow Balance has been consistently negative for nearly all of April, indicating sustained withdrawal activity throughout the month rather than a single isolated spike. The April 27 event was the most concentrated single-day expression of that