Chainlink (LINK) exchange supply declined by over 15.7 million tokens in the last month, a 12% reduction, with a net outflow of 1.04 million LINK recorded on Sunday alone, according to Santiment data.

The notable decrease suggests lower available sell pressure as investors move LINK off exchanges for holding.

On July 15, the Depository Trust & Clearing Corporation (DTCC) began processing tokenized U.S. securities trades using Chainlink’s technology, marking a milestone in institutional adoption.

This initiative involved over 30 firms including BlackRock, J.P. Morgan, Goldman Sachs, Vanguard, NYSE, Nasdaq, and CME Group. The DTCC Tokenization Service is scheduled for its official October 2026 launch.

Chainlink also expanded its Cross-Chain Interoperability Protocol (CCIP) to Canton, further linking it with Ethereum networks and supporting over $7 billion in protocol value.

The combination of substantial outflows from exchanges and growing institutional use of Chainlink infrastructure points to increased long-term positioning by investors amid the DTCC program rollout.