logo

LINK Surges Over 13% in 24 Hours, Potentially Driven by LINK's Reserve Risk and On-Chain Inflows

By: theblockbeats.news|2025/08/17 14:22:04

BlockBeats News, August 17th, according to HTX market information, LINK surged over 13% in the past 24 hours, now priced at $24.9125.

Chainlink launched the "LINK Reserves Plan" at the beginning of August, converting on-chain oracle network revenue and off-chain enterprise service earnings proportionally into LINK token reserves. The current reserve size has surpassed one million dollars and will, in the long term, form a supply shock through a continuous buyback mechanism, enhancing the token's value capture ability.

Furthermore, in the last 30 days, LINK has seen a net on-chain inflow of 275,002 tokens ($6.65 million), while CEX reserves have dropped to an 18-month low. Whale holdings have increased from 37% in June to 42%, indicating that institutional-grade funds are accelerating their positions.

Bitcoin y las altcoins en una encrucijada: ¿nuevos máximos o corrección entrante?
WEEX causa sensación en BlockchainRIO 2025

También te puede interesar

Compartir
copy

Ganadores

Últimas noticias sobre criptomonedas

17:49

Trump Says Fed Chair Should Cut Interest Rates, Reiterates Criticism of Powell

17:25

In the past 24 hours, the entire network liquidated $376 million, with the majority coming from the largest short position

17:23

The probability of a 25 basis point interest rate cut by the Federal Reserve in December is currently at 87.2%.

17:21

Trump: Will Announce New Fed Chair in Early Next Year

17:19

Coinbase International Site to Launch DASH Perpetual Contract Trading

Leer más
Comunitario
icon
icon
icon
icon
icon
icon
icon

Atención al cliente@weikecs

Cooperación empresarial@weikecs

Trading cuantitativo y MM[email protected]

Programa VIP[email protected]