BTCC / BTCC Square / Global Cryptocurrency /
Chainlink LINK Price Dips Despite Strong ETF Accumulation, Charts Suggest Further Correction

Chainlink LINK Price Dips Despite Strong ETF Accumulation, Charts Suggest Further Correction

Published:
2026-01-27 16:38:33
11
3
Chainlink LINK News -

Chainlink's LINK token is trading around $11.95 as institutional investors continue to build positions through spot ETFs. Grayscale and Bitwise have absorbed over 1% of the circulating supply—approximately $85.34 million—with zero weekly outflows since launch. This steady institutional demand contrasts with the muted price action, indicating that deeper discounts may be needed before a sustained upward move.

The protocol's strategic reserves have grown to 1.68 million LINK, supported by diversified revenue streams. On-chain data confirms ongoing accumulation, but the current market structure suggests investors need patience before bullish catalysts can overcome the present technical weakness.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

All articles reposted on this platform are sourced from public networks and are intended solely for the purpose of disseminating industry information. They do not represent any official stance of BTCC. All intellectual property rights belong to their original authors. If you believe any content infringes upon your rights or is suspected of copyright violation, please contact us at [email protected]. We will address the matter promptly and in accordance with applicable laws.BTCC makes no explicit or implied warranties regarding the accuracy, timeliness, or completeness of the republished information and assumes no direct or indirect liability for any consequences arising from reliance on such content. All materials are provided for industry research reference only and shall not be construed as investment, legal, or business advice. BTCC bears no legal responsibility for any actions taken based on the content provided herein.