Chainlink Reserve adds 431,900 LINK worth $5.41M in 30 days
- —Reserve now holds 6.29M LINK, about 0.82% of circulating supply
- —431,900 LINK worth $5.41M accumulated over the past 30 days
- —Spot LINK ETFs saw $397K in net outflows on Oct. 16, only their third outflow day
- —LINK rose 27% in September; max supply is 1 billion tokens
Why it matters: Reserve accumulation supports the scarcity narrative, but its scale is too small to absorb supply without stronger institutional demand.
Source: AMBCrypto