Chainlink Keeps Buying Its Own Token. Why Is LINK Still Down This Week?
24/7 Wall St.
The Chainlink Reserve spends real revenue buying LINK off the market every day, yet the token keeps sliding lower. Something is overpowering the buying pressure, and it raises a bigger question about how much a built-in buyer can actually do. This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. The Chainlink Reserve actively buys Chainlink ( CRYPTO:LINK ) with revenue generated from the network’s services, yet the token’s price keeps declining. On September 28, 2026, LINK closed at $15.44, but it plunged 23.5% to an intraday low of $11.81 on October 15, all while the Reserve continued its buying spree. LINK is trading at $12.24, down 5.2% over the past week.
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Before you act on it
A listing, a launch or an airdrop is not a reason to buy. Check the contract address on the project's own site. Never sign a transaction or hand over a seed phrase to claim anything.
