Chainlink’s LINK token is showing renewed strength as the Chainlink Strategic Reserve continues its steady accumulation, purchasing $1.18 million worth of LINK in the last 24 hours. The acquisition comes during a highly volatile quarter where the broader crypto market has faced major losses and widespread sell-offs.
The Chainlink Strategic Reserve, launched on August 7, 2025, was created to channel enterprise demand directly into LINK and maintain long-term liquidity for ecosystem growth. Despite the recent downturn, the Reserve has maintained an aggressive accumulation strategy.
LINK Reserve Shrinks to $4B — But Accumulation Remains Strong
Over the past two months, Chainlink Reserve valuations fell sharply from $8.1 billion to $4 billion due to the broader market collapse. However, instead of retreating, the entity doubled down on its mission.
- •$1.18M in LINK purchased in the last 24 hours
- •170,300 LINK worth $2.2M accumulated over the past week
This sustained buying pressure suggests high institutional confidence, even during deep corrections. It also reduces LINK’s circulating supply, easing potential sell pressure and positioning the token for future upside.
Organic Demand Surges, Market Data Shows Buyer Dominance
According to on-chain data from CryptoQuant, LINK buyers have been in control for the past six days.
The Spot Taker CVD metric shows strong buyer dominance, meaning traders are willingly paying the asking price to enter long positions. This represents true organic demand, not leveraged speculation.
Spot data also reinforces the trend:
- •Spot Netflow: -$578K, indicating tokens leaving exchanges
- •Previous day: - $2.88M, signaling heavy accumulation
Negative netflows typically indicate long-term holders withdrawing tokens from exchanges, a strong bullish signal.
LINK Price Outlook: Can It Hit $15 Next?
LINK has been trading inside a mini ascending channel after bouncing from the $11 level last week. The token reached $13.5 and currently trades around $13.4, up 0.46% daily and 11.3% weekly, reflecting bullish momentum.
The Stochastic RSI, however, is at 97, indicating overbought conditions. While this confirms strong buyer control, it also warns of potential volatility.
Bullish Scenario
If buyer momentum continues:
- •LINK could break $15
- •Next major target: $16.1
Bearish Scenario
If sellers re-enter:
- •Parabolic SAR support at $11.94
- •Possible short-term correction due to overbought RSI
For now, the combination of aggressive Reserve accumulation, strong market demand, and sustained on-chain inflows positions LINK for a potential breakout.