Chainlink Reserve buys 89,200 LINK worth $1.11M
- —Reserve bought 89,200 LINK for $1.11M in a day
- —30-day accumulation reached 431,900 LINK worth $5.41M
- —Total purchases stand at 6.29M LINK for $70.76M
- —Current reserve value is $78.3M
Why it matters: Sustained reserve purchases reduce LINK's circulating supply and signal the project's long-term commitment to its token.
Source: PANews