Institutional and reserve accumulation continued to absorb LINK as Chainlink stabilized near the $11.50 zone, above the significant $11 support level, after retreating from resistance around $13.70. Grayscale’s $GLNK ETF received another 203,810 LINK worth $2.38 million from Coinbase Prime, bringing its 18-day inflows to about 1.05 million LINK valued at approximately $12.12 million. Bitwise also purchased 163,664 LINK worth roughly $1.91 million, taking its total holdings to 3.964 million LINK at an average acquisition price of about $9.96. Chainlink’s strategic reserve added 91,100 LINK worth roughly $1.06 million, lifting its 30-day accumulation to 511,000 LINK valued at approximately $5.52 million and total reserve holdings to 5.86 million LINK worth nearly $67.24 million. Chainlink ETFs attracted $4.27 million in the latest session and recorded weekly inflows of $5.36 million, while holding about 2.1% of LINK’s supply and recording only two lifetime outflow days. CoinGlass data showed a positive Whale versus Retail Delta of about 0.36, indicating stronger whale activity relative to retail participation. On the 24-hour chart, LINK had lost its ascending trendline, while RSI (relative strength index, a momentum indicator) fell to 52.64 from overbought levels and remained below its 62.00 average signal. Holding $11 could allow buyers to target $13.12 before retesting $13.70, although accumulation alone had not produced an immediate rebound.