Chainlink LINK Reserve Initiative Sparks Whale Accumulation as $1M Fund Launches

Chainlink has announced a $1 million LINK reserve, financed through on-chain and off-chain revenue streams. This strategic MOVE is designed to enhance network growth, security, and long-term sustainability. The reserve tokens will be held indefinitely, potentially creating a negative supply shock.

In early August, whale activity surged, with large wallets accumulating 0.67% of LINK's total supply—valued at roughly $85 million. Simultaneously, exchange reserves decreased by 33 million LINK, indicating reduced sell pressure.

This initiative mirrors a growing trend in crypto treasury management, where projects adopt corporate strategies like MicroStrategy's Bitcoin acquisitions—but applied to native tokens. Chainlink's reserve highlights the implementation of institutional-grade tokenomics.