Odaily Planet Daily reports, according to Onchain Lens monitoring, Chainlink repurchased 139,956.08 LINK tokens, valued at approximately $1.13 million, and transferred the tokens to its reserve wallet. This batch of LINK was accumulated through multiple swaps on CoWSwap before being consolidated and sent to its reserve wallet. Chainlink’s reserve currently holds 5.35 million LINK, valued at approximately $43.9 million, with an average acquisition cost of $11.19 per LINK.
Chainlink repurchases 139,956 LINK worth $1.13M and transfers to reserve wallet
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Summary
Chainlink repurchases 139,956 LINK worth $1.13 million and transfers them to its reserve wallet. The tokens were acquired through multiple CoWSwap trades prior to consolidation. On-chain data shows the reserve now holds 5.35 million LINK, valued at $43.9 million, with an average cost per token of $11.19. While Federal Reserve news did not directly influence this move, on-chain activity remains a key focus for market observers.
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