GLINK, shares in Grayscale’s Chainlink Trust, have rocketed to a 200% premium compared to the spot LINK markets.
The sizable spread was flagged by ChainLinkGod, a prominent influencer and Chainlink community ambassador, on Nov. 7. The data shows the spread between GLINK and LINK growing from roughly 100% to 200% amid the latest Chainlink rally.
The news comes after LINK more than doubled in price over the past three weeks amid the broader crypto market recovery. LINK last changed hands for $13.13, up from $6.14 on Sept. 18, according to CoinGecko.
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#undefined [Source: TheDefiant]