Chainlink reserve buys LINK as integrations rise
Chainlink (LINK)
Editor:
Eugene Serbin
tradersunion.com reports that Chainlink (LINK) is trading at $12.82, up 6.96% on the day, with price holding above key moving averages to signal strong bullish momentum. The asset’s reserve completed a strategic acquisition of approximately 97,500 LINK, valued at $1.1 million, which raises total holdings to 5.96 million LINK according to Coincentral. This targeted accumulation provides direct buying pressure and improves liquidity conditions, underpinning the current upward trend.
Additionally, Chainlink finalized 16 new integrations across 7 different blockchains, as noted by Coinfomania, enhancing utility and broadening adoption prospects. On the hourly chart, LINK trades above the MA-20 at $12.5 and the MA-50 at $12.38, while remaining well above the daily MA-200 at $9.23. The Ichimoku Kijun at $12.36 offers immediate support, with MACD and ADX confirming that buyers are in control.
Momentum indicators show RSI and Stoch RSI in 'Buy' or 'Strong Buy' territory, while Bull/Bear Power favors buyers with no overbought signals present. Over the next 2–3 trading days, LINK/USD is expected to fluctuate between $12.23 and $13.29, with a very high probability of continued upward movement. Traders are watching for a sustained move above $13.29 to signal further upside, while a drop below $12.36 would indicate a bearish short-term scenario.
How the market reacted
Whalio's own Binance spot order flow for LINK, measured when this story was written up on 21 September 2026. Not the outlet's figures.
LINK is currently trading at $12.52 on Binance spot markets, with a 1-hour buy ratio of 54.7% and a 4-hour buy ratio of 52.7%, both exceeding the 24-hour ratio of 50.5%. This indicates that buying pressure is building in the short term relative to the daily average. The Volume Delta shows net positive inflows of +$468,921 over the last hour and +$270,931 over the last four hours. The Cumulative Volume Delta (CVD) for the 24-hour close sits at +$3,304,504, confirming that buyers have been dominant for 16 of the last 24 hours. This flow suggests consistent accumulation rather than fleeting spikes, as spot volume reached $31,027,596 with 307,411 trades executed.
The latest daily buy ratio of 49.4% sits at the 56th percentile of the last 322 days, against a median of 48.8% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for LINK, averaged over the days leading up to the story.
Compared to the preceding week, the current 24-hour buy ratio of 50.5% is slightly higher than the 7-day average of 50.3%, a difference of just 0.2 points. Trading volume is 1.23x the weekly average, indicating a busier than usual day for the coin. Over the past 8 days, the price has risen by 11.8%, supported by a total Volume Delta of +$1,378,721. Net buying occurred on 4 of the last 7 days, showing that while the current day is active, the weekly trend has been mixed rather than consistently one-sided.