Reason to trust
Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made
Strict editorial policy that focuses on accuracy, relevance, and impartiality
Ad discliamer
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.
Chainlink (LINK) cryptocurrency has witnessed significant token flows off exchanges just recently. Over $120 million of LINK tokens have been taken off trading platforms within the last 30 days, reports blockchain analysis company IntoTheBlock.
Investors Take LINK To Cold Storage
The huge outflow indicates a change in investor sentiment. This trend usually indicates holders moving their funds to private wallets for long-term storage instead of getting ready to sell. When exchange supply declines, prices may increase if demand remains firm or grows.
Whereas most investors now seem to be buying LINK, the market also continues to have occasional whale selling. Such gigantic trades serve to keep liquidity active in the Chainlink economy while striking a balance between selling activity and withdrawals.
Keep an eye on altcoin exchange flowsđź‘€$LINK has seen consistent outflows from exchanges over the past month, hinting at ongoing accumulation. In total, net outflows surpass $120 million worth of LINK in the last 30 days. pic.twitter.com/XbU4qsGuWd
— IntoTheBlock (@intotheblock) April 22, 2025
Price Pushes Past Key Threshold
LINK’s price recently pierced through the $12.50 support level that has defined its pattern movements earlier this year. As per CoinMarketCap statistics, Chainlink currently trades at $14.45, 14% higher in the last week, and has a total market value of nearly $10 billion.
Some experts think LINK may hit $26 by December. Such projections, however, are highly dependent on the performance of Bitcoin. Traditionally, when Bitcoin goes up, other cryptocurrencies such as Chainlink follow suit. Any weakness in the overall crypto market may slow down the upward movement of LINK.
Contrary to the overall optimistic perspective, certain technical indicators predict a possible 28% decline to $10 on May 24, 2025. Present sentiment gauges reflect ambivalence—technical analysis indicates a “Neutral” stance while the Fear & Greed Index measures 64, reflecting “Greed.”
Partnerships And Integrations Grow
Under the hood, Chainlink is steadily expanding its partnership network. On April 21, 2025, the Digital Chamber revealed Chainlink Labs had joined its Executive Committee, placing the project closer to regulatory deliberations and policy-making.
A day later, blockchain platform Monad disclosed that Chainlink tools would be supportable on its mainnet from day one. This support covers Chainlink data feeds and cross-chain capabilities.
Chainlink is also collaborating with the large financial institutions like Swift, DTCC, and Fidelity. These partnerships, in addition to integrations on bases like Aave and Lido, demonstrate the project is emphasizing core development over market performance.
Push Into Real-World Asset Tokenization
Chainlink has lately ventured into tokenized real-world assets (RWAs). According to March reports, Chainlink collaborated with Abu Dhabi Global Market (ADGM) to further tokenization initiatives.
Meanwhile, statistics indicate LINK had 16 green days in the last 30, which is 50% positive price movement days. Price movements have been as high as 8.40% during the same period.
Featured image from Unsplash, chart from TradingView
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.
Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).
Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling – right up his alley!
So, he landed a killer gig at NewsBTC, where he’s one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).
Think Christian’s all work and no play? Not a chance! When he’s not at his computer, you’ll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.
Speaking of chill, Christian’s got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.
Here’s the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day – and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.
Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors – and bosses – he deeply respects.
So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.
Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.
