LINK rallied above $15 as inflows reached roughly $6 million before repeated outflows accompanied its subsequent decline. Chainlink’s LINK stabilized around 14.1-14.2, with $14 as near-term s
Chainlink investor Jordan described LINK as undervalued, citing demand for its technology and corporate adoption. However, spot flow data from September 22 to October 4 shows changing capital activity as LINK struggles to regain its late-September highs. After a strong inflow-driven rally, repeated outflows accompanied a price decline, with LINK recently stabilizing around 14.1–14.2.
Investor Jordan called LINK the most undervalued token, pointing to its technology and the number of companies working with Chainlink. Jordan said the market had not fully priced in what the network is becoming.
Meanwhile, the one-hour spot inflow and outflow chart shows LINK trading around 12.8–13.0 early in the observed period. On September 23, outflows reached approximately $5 million as the token declined toward $12.
However, positive flows returned between September 24 and 28. The largest inflow reached roughly $6 million around September 28, alongside another spike near $4 million. These inflows coincided with LINK’s advance toward the 15–15.5 range.
LINK struggled to hold above $15 after its sharp advance. The price subsequently retreated toward $14, while negative hourly flows appeared more frequently.
Source: Coinglass
Several outflow readings reached approximately $2 million to $3 million during the decline. On October 2, another major outflow approached $4 million as LINK briefly fell toward 13.8–14.0.
The repeated withdrawals followed the late-September inflows, during which LINK climbed from around $12 to above $15. The flow data records capital movements but does not independently identify the reasons behind each transaction.
More recently, LINK has stabilized and recovered modestly toward 14.1–14.2. Hourly inflows and outflows have also become smaller and more balanced.
The $14 level now represents near-term support, while 15–15.5 remains the main resistance zone. Sustained inflows of approximately $1 million to $2 million could support renewed upward momentum.
However, persistent outflows could expose the 13–13.5 range. LINK’s recent price stabilization follows the significant inflows and subsequent profit-taking recorded during the period.
