Bitwise Adds 127,241 LINK Worth $1.54M, Holdings Top 5M Tokens

Bitwise's latest purchase is small in dollar terms but notable as a steady accumulation pattern through an ETF wrapper, suggesting issuer-led demand rather than a single discretionary trade. The gap to Grayscale's roughly double-sized LINK position frames the competitive dynamic among asset managers building Chainlink exposure, with Bitwise still the smaller holder. The average purchase price near $10.6 against a current valuation implies the position is underwater or near flat, which makes the pace of further buying the open question worth watching.