📈 Stock Market 12h ago · Sam Daodu

Chainlink Keeps Buying Its Own Token. Why Is LINK Still Down This Week?

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Chainlink Keeps Buying Its Own Token. Why Is LINK Still Down This Week?
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The post Chainlink Keeps Buying Its Own Token. Why Is LINK Still Down This Week? appeared first on 24/7 Wall St..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. In the

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