Chainlink Reserve Increases LINK Holdings by About 428,000 in October

According to TechFlow, on October 31, Chainlink officially disclosed that the Chainlink Reserve increased its holdings by 427,577 LINK in October, at a cost of more than $5.3 million.

As of this update, the Chainlink Reserve's total LINK holdings stand at 6,475,076.

According to previous official information, the Chainlink Reserve is an on-chain reserve designed to accumulate LINK, funded by revenue generated from enterprise customers and on-chain services using Chainlink; that revenue is converted into LINK and deposited into the reserve.

Source: TechFlow