Chainlink Reserve Keeps Stacking Like There's No Tomorrow, LINK Now Eyeing $10 With Sinister Intent
Chainlink climbed 2% on Thursday, April 9th, to trade at $8.96. While most majors caught a nasty case of the geopolitical jitters, $LINK refused to play victim, standing its ground above $8.6 like a degen who just got liquidated but insists they're "still in profit." Meanwhile, the rest of the market was sweating bullets over Middle East drama, but LINK just sipped its coffee and watched from the sidelines.
The resilience comes courtesy of some aggressive accumulation by the Chainlink Reserve. On Thursday, the reserve quietly added 131,656 tokens at an average price of $13.15 per LINK. That's a cool $1.1 million spent on self-improvement—because nothing says "we believe in this project" like buying your own token at a 45% discount and pretending it's strategic. Corporate budgets hitting different when you're essentially DCAing into your own ecosystem.
The buy brings the reserve's total bag to 3,064,151.83 $LINK, worth approximately $27.7 million. Apparently, this makes them one of the top 35 single $LINK owners. Not too shabby for an organization that funds itself through corporate payments and network fees. Imagine having the gall to be your own
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