Chainlink hits three-month high on tightening supply #Shorts

Added: 2026-05-16

[00:00:00]Chainlink just hit a 3-month high at 1060 after whales snapped up 33 million link.

[00:00:09]Two more things to watch as the US session kicks off.

[00:00:13]First, Chainlink hit a 3-month high around 1060 after whales added nearly 33 million link and tokens started leaving exchanges, pointing to tight supply.

[00:00:27]Second, Solve Protocol just chose Chainlink's cross-chain technology to secure over 700 million in tokenized Bitcoin infrastructure after a heavy-duty security review.

[00:00:41]Third, most altcoins still look mixed, so selective demand for infrastructure names like Chainlink could be the signal if capital starts rotating back into crypto.

[00:00:53]If any of these three trends accelerate, Chainlink won't be alone.

[00:00:58]Comment and tell me where you stand on this.