Chainlink Reserve Adds 431,900 LINK Over 30 Days as ETF Flows Turn Negative
Photo: TokenPost
The Chainlink Reserve accumulated 431,900 Chainlink (LINK) tokens over 30 days while U.S. spot LINK exchange-traded funds posted a one-session outflow, putting two different measures of activity in focus. The reserve addition was valued at $5.41 million. The ETFs recorded a $397,256 net outflow on Oct. 16, reversing a $12,157 net inflow on Oct. 15. The reserve figure covers a month of accumulation; the ETF outflow covers one trading session. The reserve held 6.29 million LINK. Chainlink’s Payment Abstraction system converts offchain enterprise revenue and onchain service fees into LINK held in an Ethereum smart contract.
Source: TokenPost
