Chainlink price analysis as exchanges see net outflows of 3.8M LINK

• Chainlink has seen exchange outflows of 3.86 million LINK since June 20.
• LINK trades above $13, up 12% this past week after a recent Mastercard partnership.
• Price targets for bulls include a potential rally to $25–$30, while bears may eye lows of $10.

Chainlink (LINK) price is up 12% in the past week as it changes hands near $13, with significant token outflows from exchanges recorded in the last ten days.

Moreover, LINK looks to continue higher after a recent high-profile partnership with Mastercard, which catalyzed gains for the token.

Despite potential profit-taking, LINK’s strength sees bulls hover near a major supply wall.

Chainlink sees 3.86 million LINK go off exchanges

According to data from analytics platform Sentora, formerly IntoTheBlock, Chainlink has experienced a consistent net outflow of tokens from centralized exchanges (CEX) since June 20, 2025.

Exchanges have seen uninterrupted net outflows of $LINK since 20 June, with about 3.86 million tokens ($51.26 million) leaving exchanges since then. pic.twitter.com/0n4EnIYZfC

— Sentora (previously IntoTheBlock) (@SentoraHQ) June 30, 2025

Notably, approximately 3.86 million LINK tokens, valued at roughly $51.26 million, have been withdrawn from exchanges.

This trend typically indicates that investors are moving their holdings to private wallets.

In short, it signals long-term accumulation as opposed to potential selling pressure, with reduced exchange balances often seeing a supply squeeze that investors often allude to prices going higher.

As noted above, the exchange outflows align with growing optimism around Chainlink’s role in the crypto space.

In particular, its technology is increasingly bridging traditional finance (TradFi) and decentralized finance (DeFi), exemplified by the mega collaboration with Mastercard.

LINK price analysis

Chainlink’s price is trading at around $13.31, down 1.3% in the past 24 hours but up nearly 12% over the last week, reflecting strong weekly performance.

Despite the slight daily dip, LINK remains above the critical $13 support level.

It shows resilience amid mixed market conditions, a scenario that points to a potential bullish breakout.

The recent Mastercard partnership, announced on June 24, 2025, has fueled market enthusiasm.

Plans are to enable over 3 billion cardholders to purchase crypto on-chain via the Swapper Finance platform.

Observers and industry experts say this integration, powered by Chainlink’s interoperability infrastructure, could drive a surge in open interest.

The metric is up 0.4% to $547 million, with derivatives volume rising 51% to $607 million.

If buyers can push LINK above the immediate resistance zone around $14, the token could target the $25–$30 range.

The area marks a significant psychological and technical hurdle, above which they could target the 2021 peak of $52.

However, failure to hold above $13 could see bears take control. In this case, the key support levels would be at $10.

But a drop below this level might embolden sellers, potentially bringing the demand reload zone of $5 into play.

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