Chainlink rebounds above $12: project reserve buys 97,500 LINK
- —LINK around $12.11, +6.21% in 24 hours, session range $11.25–12.22
- —Chainlink reserve bought 97,500 LINK for $1.1 million, total 5.96 million LINK worth $68.7 million
- —Over 30 days the reserve accumulated 480,700 LINK worth $5.5 million
- —Trading volume $538.65 million, market cap $9.06 billion, open interest +1.78%
Why it matters: Continued reserve buying supports demand, but the key test is a breakout above resistance at $12.80–13.
Source: CoinCentral