Back in 2014 and also in 2008, Google basically said it has no limit in the number of links it can handle on a specific page. So a site like Techmeme, which I love, has thousnads of links on a page, it would be able to process all of those links. Well, maybe not. Gary Illyes from Google said Google does have "some stupid high number" where it will stop extracting the links on that page....
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Google Has A "Stupid" High Limit On Number Of Links On A Page
seroundtable.com