Hey there, unfortunately no, as you saw, accounts can no longer be unlinked.
Bungie will not forcibly unlink on their end either.
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Not the answer I wanted but thank you so much for confirming. I think it’s stupid Bungie did this. Basically, I can only play my characters on the PS4, unless I get a new PS5 or is it associated with my Playstaytion Network account?
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They belong to the PSN account and the characters will be playable on both PS4 and PS5 as long as you are using that account.