Chainlink (LINK) supply on exchanges climbed to 230.43 million on June 21, a massive spike in a 24 hour period.
Chainlink on exchanges climbed to 230.43 million on Friday, up nearly 9% in a single day, per Santiment data.
distributed their holdings, in the same timeframe, likely realizing profits. holders, as noted by the Network Realized Profit/Loss metric. The NPL metric is used to identify the net profit/loss of all tokens sold on a given day. It shows a large positive spike on Friday, June 21, as seen in the chart below. This implies that traders flooded exchanges with
distributed their holdings and likely took profits while smaller cohorts holding between 100,000 to 1 million and 1 million to 10 million supply distribution by whale cohorts
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