Chainlink Reserve Surpasses $70 Million After Additional $1.1 Million LINK Purchase

Chainlink Reserve surpasses $70 million after a $1.1 million LINK purchase, bringing the treasury’s reported value to approximately $70.5 million.

The Chainlink Reserve has surpassed $70 million in value after another $1.1 million worth of LINK was added to its treasury, according to data shared by BSCN on X.

The latest purchase brings the reserve's total value to approximately $70.5 million at the time of writing. The accumulation adds to a treasury that, according to BSCN, has continued to receive LINK without any reported sales from the reserve.

Chainlink Adds Another $1.1 Million in LINK

Chainlink purchased an additional $1.1 million worth of LINK for its official reserve, BSCN reported. The transaction takes the stated value of the Chainlink Reserve to about $70.5 million.

The reserve is designed to hold LINK as part of Chainlink's broader treasury infrastructure. The latest acquisition represents another addition to the reserve's existing holdings rather than a new treasury initiative.

BSCN did not provide further transaction details in the X post, including the number of LINK tokens acquired or the specific wallet involved in the latest purchase.

Reserve Has Not Reportedly Sold LINK

According to BSCN, none of the tokens held in the Chainlink Reserve have been sold so far. That comes despite what the source described as regular additions to the reserve dating back as far as August of last year.

The reported pattern therefore consists of continued accumulation without a corresponding sale from the reserve, based on the information provided by BSCN.

The distinction is important because the $70.5 million figure represents the value of the treasury at the time of reporting and can change with the market price of LINK. The source did not state that the reserve's holdings have a fixed dollar value.

Chainlink Reserve Continues to Build Its Holdings

The latest purchase places the Chainlink Reserve above the $70 million threshold cited by BSCN. Its reported history of additions also indicates that the treasury has been accumulating LINK over an extended period rather than through a single transaction.

BSCN's report did not provide additional information on the reserve's intended long-term size, specific treasury policies or conditions under which tokens could eventually be sold.

For now, the latest disclosed development is the addition of another $1.1 million in LINK, taking the reserve's reported value to approximately $70.5 million while, according to BSCN, no reserve tokens have yet been sold.

writer: Ethan Collins
Crypto Journalist
Ethan Collins reports on developments across the cryptocurrency and blockchain sector. His work covers market movements, protocol updates, regulatory changes, and emerging trends in digital assets.
He focuses on presenting complex topics in a clear and accessible manner for a broad readership.