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2026-09-12 18:35:04 UTC

RWATimes on Nostr: 📰 Chainlink: Grayscale & Bitwise scoop 1.4M tokens, yet LINK slips 🗓️ Sep 12 ...

📰 Chainlink: Grayscale & Bitwise scoop 1.4M tokens, yet LINK slips
🗓️ Sep 12 2026 17:00 UTC - Erastus Chami

Institutional demand around Chainlink strengthened as institutions expanded LINK holdings as broader accumulation absorbed available supply.

➤ Grayscale and Bitwise have significantly increased their holdings of Chainlink (LINK) tokens, indicating strong institutional demand.
➤ Despite this accumulation, LINK's price has experienced a retracement, stabilizing around the $11.50 level and testing a key support zone.
➤ While technical indicators suggest weakening buying strength, holding the $11 support could pave the way for a recovery, supported by ongoing institutional interest and ETF inflows.

#chainlink #link #grayscale #bitwise #etf #accumulation #institutionaldemand #tokenization #crypto

🔗 Read more at: https://rwatimes.io/articles/ambcrypto-chainlink-grayscale-bitwise-scoop-1-4-m-tokens-yet-link-slips-777818295