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Chainlink Loses 21% in October Even as Tokens Keep Leaving Exchanges

Chainlink Loses 21% in October Even as Tokens Keep Leaving Exchanges
AI summary

Chainlink has fallen 20.8% in October even as LINK tokens have left Binance for 18 consecutive days, a pattern bulls usually read as accumulation. The exchange outflow streak is muddied by a large deposit that came first, which may account for part of the drain. Traders watching LINK should note that supply leaving exchanges has not translated into price support this month.

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