Chainlink Reserve Buys 89,972 LINK, Holdings Top 1.322M LINK
Chainlink’s on-chain Reserve continued strategic accumulation, purchasing 89,971.90 LINK on December 25, 2025, bringing total holdings to 1,322,111.83 LINK. The Reserve funds purchases using revenue from on-chain services and off-chain enterprise adoption (converted to LINK via Payment Abstraction). The team has a buy-the-dip approach: recent purchases occurred while LINK traded roughly between $12–$14 versus the Reserve’s average cost basis of about $17.78 per token. Reserve management says there are no current withdrawal plans. Analysts view the disciplined accumulation as intended to support long-term network sustainability, liquidity for operational processes, and developer/enterprise confidence amid market volatility. Key figures: +89,971.90 LINK added; total 1,322,111.83 LINK; average cost basis ≈ $17.78; recent trading range $12–$14. Primary keywords: Chainlink, LINK, Chainlink Reserve, buy the dip, accumulation.
Bullish
The Reserve’s continued, disciplined accumulation is a bullish signal for LINK because it reduces available circulating supply on exchanges, increases on-chain demand, and demonstrates long-term commitment from Chainlink’s operational arm. Buying during price dips (recent range $12–$14) while holding an average cost basis near $17.78 suggests conviction and lowers the likelihood of near-term sell pressure from the Reserve. Historically, protocol treasuries accumulating native tokens (e.g., early staking reserves or protocol treasuries that bought back tokens) have supported price floors and improved market confidence. Short-term impact: modest positive sentiment and potential tightening of sell-side liquidity, possibly supporting a relief rally if broader market conditions stabilize. Long-term impact: stronger narrative of sustainability and operational readiness may attract enterprise users and yield steadier demand, supporting structural price support over time. Risks: macro crypto market downturns or large external sell events could still overwhelm the positive effect; Reserve accumulation does not guarantee immediate price appreciation but is supportive to bullish fundamentals.