Chainlink eyes $13.50 breakout as ETF inflows hit yearly high
Chainlink recovered from a Thursday low of $12.09 to the $13.3-$13.5 area by Monday. During that move, LINK-focused ETFs recorded $9.48 million in Friday inflows, and large wallets increased their share of circulating supply to 65.6%.
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Holders watching Chainlink tomorrow morning will notice two separate signals in the market. The token was trading near $13.50 on Monday, and LINK-focused ETFs had just taken in $9.48 million on Friday, the biggest daily inflow this year. This matters to traders, funds, and other market participants because both price action and ETF demand are visible in the same stretch of trading.
Market reaction
The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.
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Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
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