Exactly. It relates only to his affair with Grindlewald. And nothing else.
If Dumbledore is gay, then his love life is the only thing effected by that.
And yeah, the stories were "told" from the points of view of young children. The adults were seen primarily as eunichs, but a little less so as the kids got older. That's not to say the adults really were asexual.
An encyclopedia unrelated to a kiddie storytelling perspective should reveal all sorts of interesting things about all sorts of characters.
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