Chainlink Reserve Swells to $68M as ETF Demand Surges

Chainlink's reserve has grown significantly after another large purchase of $LINK tokens. The company bought back 91,100 $LINK tokens for its reserve, pushing total holdings toward $68 million.

No tokens have been sold from the reserve since purchases started in August 2025. This buyback and growing demand for Chainlink's spot ETFs are positive signals for the asset's price.

However, a 20x increase from current prices would require significant growth, potentially making Chainlink one of the largest crypto assets by market cap.

According to technical analysis, Chainlink needs to clear $12.023 to confirm the September spike wasn't a one-off. The resistance levels above are not signaling a multi-year, best-case scenario.