Chainlink whales accumulate 10.36 million LINK after 17% correction

  • Large Chainlink wallets bought roughly 10.36 million LINK after the token’s 17% correction.
  • Bitwise CLNK and Grayscale GLNK received $5.36 million of inflows on Sept. 9 and 10.
  • Combined CLNK and GLNK assets under management reached $181.83 million.

Large Chainlink wallets accumulated roughly 10.36 million LINK worth about $120 million during a 96-hour period after the token fell 17% from $13.68 to $11.29. LINK traded at $11.57, down 1.36% over 24 hours, after gaining 35% in the past month. Bitwise’s CLNK and Grayscale’s GLNK recorded $1.09 million and $4.27 million of inflows on Sept. 9 and Sept. 10, lifting combined lifetime inflows to $151.76 million and assets under management to $181.83 million. Chainlink’s strategic reserve also added 91,100 LINK, while Grayscale’s ETF acquired more than 1 million LINK over 18 days. Traders identified $11.46 as support and $12 as a key breakout level, with $13.30, $14 and $15 cited as subsequent technical targets.

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