A post at 22:08: Bitwise spent $1.54 million to buy approximately 127,000 LINK, bringing its total holdings to over $60 million.
This lends some support to confidence. Let trading volume show how much of a practical impact it has. You can compare how prices moved when similar news came out in the past.
$LINK is currently at 11.937, up 1.13% on the day.