Chainlink (LINK) reaches $10.51, a January high, as exchange supply drops 13.5M

On May 9, 2026, Chainlink's LINK traded up to $10.51, its highest level since January, as exchange balances fell by 13.5M tokens over five weeks. The drop equals more than 10.5% of early-April exchange supply, while social volume hit a 3-month high and 4H moving averages cluster at $9.30–$9.63 beneath the breakout.