Chainlink Reserve accumulated 88.4K LINK ($1.06M) on October 22, continuing aggressive buyback with $5.37M accumulated over the past 30 days.
Tech & Launches ·
Chainlink Reserve acquired 88.4K LINK tokens valued at $1.06M on October 22, according to transaction records. Over the preceding 30 days, the reserve accumulated 422.9K LINK worth $5.37M, extending a pattern of regular token purchases.
The reserve's lifetime holdings now total 6.38M LINK, valued at $76.14M. This accumulation marks a continuation of sustained buying activity, with the reserve having acquired $71.83M worth of LINK tokens since inception. The cadence and scale of these purchases—averaging roughly $179K per day over the last month—reflect ongoing capital deployment into the asset.
It remains unclear whether these acquisitions represent a formal buyback program, treasury diversification, or operational requirements for the Chainlink ecosystem. The reserve's acquisition strategy and underlying rationale have not been publicly detailed.