$10.3M in LINK withdrawn from exchanges in 24 hours, most since June 29

Chainlink saw 1.26 million LINK worth $10.3 million withdrawn from exchanges over the past 24 hours, the largest such outflow since June 29, according to Santiment. Exchange withdrawals are typically interpreted as holdings moving into custody rather than toward sale, easing selling pressure. Santiment said the timing was notable as the Depository Trust & Clearing Corporation included Chainlink last month among technology providers, starting related processing, while institutional networks including Canton and Robinhood Chain have been expanding support for Chainlink's CCIP.