#Chainlink supply on exchanges shoots up, $LINK holders realize over $150 million in profits
Chainlink ($LINK) supply on exchanges climbed to 230.43 million on June 21, a massive spike in a 24 hour period.
Typically, an increase in the asset's supply has a negative impact on price as it increases the selling pressure.
Whales holding between 10 million and 100 million $LINK distributed their holdings, in the same timeframe, likely realizing profits.
so are you short LINK or selling it before you buy it at lower price?
its up to you and always Do Your Own Research
