Exchanges· ★★· bullish·

Bitwise buys another 127,241 LINK, holdings reach 5.018 million tokens

  • —The 127,241 LINK purchase worth ~$1.54 million was flagged by Arkham on October 19
  • —Bitwise now holds 5.018 million LINK valued at about $60.21 million
  • —Average acquisition price is estimated at roughly $10.6 per token
  • —Grayscale's LINK holdings are worth about $126 million, more than double Bitwise's
Why it matters: Large funds keep building LINK positions, underpinning institutional demand for the token.
Source: TokenPost