Grayscale: Chainlink ETF Adds $2.36M LINK

Grayscale Chainlink ETF purchased another 159.48K LINK worth $2.36M from Coinbase Prime, pushing this month’s total accumulation past 629.1K LINK (~$8.37M).

At the current $14.51 price, the 4h chart maintains a bullish structure with price above the EMA50 support at $13.85 and the EMA200 at $12.31, yet the MACD death cross at 0.31 warns of fading momentum while the asset trades inside the Bollinger bands between $13.49 and $15.5; institutional flows like these often anchor LINK price prediction models during periods of crypto market volatility and accelerate institutional crypto adoption narratives.