Chainlink Reserve adds 89k LINK worth $1.18 million

In 2025, Digital Assets Treasuries and token buybacks have become increasingly popular among major crypto players. 

Amid this drastic shift in the crypto landscape, Chainlink [LINK] joined the wave, launching LINK Strategic Reserve on the 7th of August 2025. 

The entity was designed to funnel the enterprise demand into its native LINK. 

Chainlink Reserve continues to accumulate LINK

In Q4, the crypto market has experienced massive losses, with holders and treasuries recording a significant decline. 

Chainlink has also been affected, as its Reserve dropped from $8.1 billion to $4 billion over the past two months

Chainlink treasury valueChainlink treasury value

Source: Artemis

Despite these losses, the entity remains committed to maintaining the LINK reserve.

Over the past day, Chainlink Reserve purchased about 89,000 LINK worth $1.18 million, and over the last week, it accumulated 170,300 LINK tokens valued at $2.2 million.

LINK ReserveLINK Reserve

Source: Chainlink Reserve

Such sustained accumulation of LINK signals strong confidence in the tokens’ prospects. 

Even more importantly, the Reserve helps reduce the circulating supply, reducing potential sell pressure and positioning LINK for further gains. 

Demand remains steady across the market

Besides, as the team continues to accumulate LINK, investors across the market have taken the opportunity to pile in.

According to CryptoQuant’s data, buyers have dominated the market over the past six days. As such, Spot Taker CVD showed buyer dominance, the past week reflecting strong demand. 

Chainlink spot taker CVDChainlink spot taker CVD

Source: CryptoQuant

When this metric shows buyer dominance, it suggests traders who buy at ask are dominating and willing to pay more to open positions. This shows actual, organic demand for Chainlink, not leverage-driven activity.

For that reason, Chainlink Spot Netflow has remained largely negative the past week. At press time, Netflow was -$578k, a drop from -$2.88 million the previous day, a clear sign of aggressive spot accumulation.

Chainlink spot NetflowChainlink spot Netflow

Source: CoinGlass

What’s next for LINK?

Chainlink has traded within a mini ascending channel since bouncing back from $11 drop, a week ago, hitting a high of $13.5.

At press time, LINK was trading at $13.4, up 0.46% on the daily charts and 11.3% on the weekly charts, signaling rising seller strength.

In fact, the altcoin’s Stochastic RSI surged to 97, hitting overbought territory. When this indicator hits such elevated levels, it suggests buyers have total control of the market.

Chainlink SAR & StochChainlink SAR & Stoch

However, such levels signal trend strength but also warn of looming volatility. Therefore, if buyers continue to pile up, LINK could breach $15 and target $16.1.

Conversely, if downside volatility rises and sellers enter the market, LINK’s Parabolic SAR will act as support at $11.94.


Final Thoughts

  • Chainlink Reserve adds 89k LINK, worth $1.18 million, bringing total holdings to 973,752k tokens, worth $12.9 million. 
  • LINK trading within a tight margin, but demand remains steady, positioning LINK to hit $15 potentially.

 

Next: Bitcoin premium turns positive on Coinbase — signs of U.S. demand returning?

Source: https://ambcrypto.com/chainlink-reserve-adds-1-18m-in-link-can-prices-target-15-next/