The bullish case for Chainlink as supply hits critical low and 90% holders see profits

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Since the links of links have a high profitability and less tokens remain on the stock exchanges, the conditions are coped with the possible prices.

Chainlink [LINK] is preparing for a big move.

Given that almost 90% of their circulation offers are sitting in revenues and exchange reserves that fall to a multi -year minimum, we are all ready for a potential offer.

If new demand enters the market, the reduction pressure on the sales side could quickly tilt the balance in favor of the link.

The offer of the offer is close to the maximum profitability

At the time of the press, 87.5% of the circulating chainlink offer in profit, according to Data Glassnode.

The graph shows a sharp climb of profitability since the beginning of July, closely monitors the rally link from less than $ 15 to $ 25.

Source: Glassnode

Most holders sit comfortably, with reduced motivation for sale at current levels.

If fresh demand accelerates, limited pressure on the side of the sale could cause stronger legs, which would be put into the escape position.

Exchange reserves hit a multi -year minimum