Chainlink (LINK) experienced a resurgence in investor interest as the Grayscale LINK ETF recorded $2.56 million in inflows on Wednesday, breaking a two-day pause. This renewed activity is supported by increased whale accumulation and a rise in exchange outflows, indicating a strong buying sentiment among investors.
On-chain analysis highlights growing participation from both retail and institutional investors, suggesting a broader market engagement with Chainlink. Despite the recent price dip to $13.68 from $14.98, technical indicators such as a bullish flag and falling wedge pattern suggest potential upward momentum for LINK.
Chainlink Sees Renewed Interest as Grayscale LINK ETF Inflows Resume
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