Chainlink (LINK) Logs 18th Straight Day of Binance Outflows

Chainlink (LINK) has logged its 18th consecutive day of withdrawals from Binance, yet the Chainlink price has so far refused to confirm the flow signal. According to figures published by COINOTAG on October 29, 2026, the token has shed 20.8% since the start of the month and trades near $11.37 at the time of writing, down 3% over the past 24 hours.

Persistent Outflows From Binance Wallets

The streak means LINK has left the exchange's wallets every day for more than two and a half weeks. Exchange outflows describe tokens being transferred from exchange-controlled addresses to external wallets, a metric that on-chain tracking services monitor closely because changes in exchange reserves serve as a reference point for holder activity around centralized trading venues. Because inflows and outflows can offset one another on any single day, a streak of consecutive net withdrawals indicates that the direction of the daily flow record has held steady rather than flipping. Each session of the run adds to the decline in the LINK balance held on the venue, giving trackers a running measure of how much supply sits on the exchange at any given time. Binance, founded in 2017, is the world's largest cryptocurrency exchange by trading volume and one of the main trading venues for the token.

About Chainlink

Chainlink is a decentralized oracle network that delivers external data to blockchains, most notably price feeds used across decentralized finance (DeFi) applications. The project held its token sale in 2017 and launched its mainnet in 2019. LINK, the network's native token, is used to pay node operators for on-chain data delivery, and the ecosystem has since expanded into staking and the Cross-Chain Interoperability Protocol (CCIP), a system designed to connect independent blockchain networks.

Price Context

Despite the sustained outflow streak, LINK has not confirmed the flow signal in its market price. The streak has run within the same month in which the token is down 20.8% since the start of October, so the drawdown in exchange reserves and the price decline have unfolded over the same stretch of the calendar. LINK changes hands near $11.37, a decline of roughly 3% over the last 24 hours. With the reserve balance on the venue having fallen each day of the streak, the observable data points from here are whether the daily withdrawals persist or break, and whether the gap between the flow record and the price trend narrows or widens.

This content was first published on COINOTAG: https://en.coinotag.com/chainlink-link-18-day-binance-outflow-streak