Introduction BitMorpho Daily News & Fundamentals: LINK Report - Friday, December 12, 2025 Good morning, crypto analysts, and welcome to your Friday edition of Daily News & Fundamentals. As macro uncertainty continues to ripple through global markets with major central banks making cautious moves we are zeroing in on Chainlink ($LINK), a project increasingly viewed as non-negotiable infrastructure for the evolving digital economy. While Bitcoin consolidates, the on-chain narrative for LINK remains robustly bullish, driven by significant accumulation among large holders. Data indicates that whale accumulation over the last 30 days has surged by an impressive 167%, moving from roughly 744,000 to 2 million LINK tokens, signaling deep conviction from savvy investors. This aligns with broader network health, where Total Value Secured (TVS) stands at a massive 76.78 billion, and Transaction Value Enabled (TVE) has hit 27.3 trillion. Furthermore, the supply of LINK tokens remaining on exchanges has seen a notable decline, dropping to levels not seen since 2020, which strongly suggests investors are moving tokens into self-custody for long-term staking and use. On the institutional front, the momentum surrounding the Grayscale Chainlink ETF (GLNK) continues to provide a fundamental tailwind, with renewed inflows reported after a brief pause. As Chainlink solidifies its position as a blue-chip oracle provider, particularly for Real-World Asset (RWA) tokenization via CCIP, these on-chain metrics suggest demand is outpacing current circulating availability. We’ll delve deeper into the implications of this accumulation for LINK’s immediate price action and assess key resistance levels against today’s market backdrop. News Analysis The Infrastructure Imperative: LINK’s Core Strengths Shine Amidst Macro Turbulence While the broader cryptocurrency market grapples with consolidation and uncertainty a backdrop underscored by recent reports of cautious moves from major central banks Chainlink ($LINK) is cementing its role as indispensable digital infrastructure. The narrative surrounding LINK remains fundamentally strong, evidenced by significant investor commitment and burgeoning network utility. # Institutional Validation: The GLNK ETF Tailwind The institutional acceptance of Chainlink continues to provide a significant tailwind. Following a brief pause, the Grayscale Chainlink ETF (GLNK) has reported renewed inflows, demonstrating sustained investor appetite for regulated exposure to the oracle network. Specifically, recent data showed the GLNK ETF attracting over 2.56 million in inflows on Wednesday, pushing its cumulative net assets past 77 million, which surpasses the asset bases of several other recently launched crypto ETFs. The initial launch success of GLNK, which saw inflows near $42 million on its debut day, signaled strong underlying demand for a project positioned as key to the tokenization revolution. This institutional embrace through regulated products validates Chainlink's technical positioning, especially concerning the tokenization of Real-World Assets (RWA) via its Cross-Chain Interoperability Protocol (CCIP). # Ecosystem Expansion: CCIP Drives Major Integrations The utility of Chainlink’s technology, particularly CCIP, is driving significant partnership growth that underpins the high TVS and TVE figures reported. A landmark development this week saw Coinbase select Chainlink’s CCIP as the *exclusive* bridging infrastructure for its suite of Coinbase Wrapped Assets (cbBTC, cbETH, etc.), which carry an aggregate market cap of approximately 7 billion. This integration leverages CCIP’s battle-tested security, which secures over 70% of DeFi and has facilitated over 27 trillion in transaction volume, providing a reliable means to expand these assets across ecosystems. Furthermore, on the RWA front, Ascend Protocol joining the Chainlink Build program is set to unlock scalable, compliant infrastructure for tokenizing US-based RWAs, utilizing CCIP, Automated Compliance Engine (ACE), and other Chainlink services to bridge traditional finance with DeFi standards. # On-Chain Conviction: The Supply Squeeze Narrative The on-chain metrics strongly reinforce the bullish sentiment seen in institutional products. As mentioned in the introduction, whale accumulation has surged by 167% in the last 30 days, signifying deep conviction from large, experienced holders. This accumulation is mirrored by a sharp decline in the supply of LINK tokens remaining on exchanges, which has now dropped to levels unseen since 2020. Such exchange outflows strongly suggest investors are moving assets into self-custody, likely for staking or long-term holding, creating potential supply constraints against rising demand. This long-term positioning is further supported by the growth of the Chainlink Reserve, which recently added over 84,000 LINK tokens in a single week, bringing its total holdings to over 1.1 million LINK, demonstrating a commitment to ecosystem stability and liquidity. In summary, the structural demand for Chainlink as the decentralized data and interoperability standard remains high. While LINK price action may mirror broader market hesitation, the confluence of ETF inflows, major enterprise adoption via CCIP, and significant investor accumulation paints a picture of underlying network strength positioning for continued growth as the tokenization wave accelerates. Outlook Conclusion: LINK Solidifies Its Infrastructure Foothold Despite Market Jitters In conclusion, despite macroeconomic headwinds causing consolidation across the wider crypto market, Chainlink (LINK) continues to present a fundamentally robust outlook. The narrative is clearly shifting from speculative hype to concrete utility and institutional validation. The sustained investor interest evident in the 2.56 million in Wednesday inflows for the Grayscale Chainlink ETF (GLNK), pushing its assets past 77 million, underscores the regulated market's demand for this essential digital infrastructure. Furthermore, the ecosystem's utility is being aggressively adopted, highlighted by Coinbase's selection of CCIP as the exclusive bridging solution for its $7 billion Wrapped Assets suite. This dual-pronged success institutional endorsement meeting critical real-world adoption suggests that LINK is effectively insulating itself through indispensable network value. For the next 24-48 hours, investors should closely monitor any further announcements regarding CCIP integration momentum or any significant shifts in the cumulative AUM for the GLNK ETF, as these will serve as immediate litmus tests for continued institutional and developer confidence. The core strength of LINK lies in its foundational role in the tokenization and cross-chain landscape, positioning it strongly for the long term. *** *Disclaimer: This report is for informational purposes only and does not constitute financial advice. Always conduct your own thorough research before making investment decisions.*