Chainlink repurchases 127,740 LINK, total reserve reaches 5.48 million

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On August 15, Chainlink repurchased 127,740 LINK, valued at $1.12 million, and transferred the tokens to its reserve wallet. Recent on-chain data shows that the Chainlink Reserve now holds 5.48 million LINK, worth approximately $48.5 million, with an average cost of $11.14 per token. This move follows ongoing Federal Reserve developments and market volatility.

BlockBeats news, on August 15, according to Onchain Lens monitoring, Chainlink has completed another LINK buyback, purchasing 127,740 LINK worth approximately $1.12 million and transferring the tokens to its reserve wallet.


Data shows that Chainlink Reserve currently holds approximately 5.48 million LINK, valued at around $48.5 million, with an average purchase cost of $11.14 per LINK.

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