Chainlink recorded an outflow of 1.26 million LINK from centralized exchanges in 24 hours, marking the largest daily net flow since June 29, reducing the supply readily available for selling. BitGo migrated over $7.7 billion in Wrapped Bitcoin infrastructure to Chainlink CCIP following a security review, bringing cumulative transfers from LayerZero to Chainlink beyond $14 billion. In Q2 2026, CCIP processed approximately $4.9 billion in transfer volume, representing 353% year-over-year growth, while LINK staking remained near capacity at 40.875 million. These developments confirm growing institutional adoption of the network and a gradual decline in liquid supply available on exchange platforms.
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