Chainlink repurchased 127.74K LINK tokens (~$1.12M) and added them to its reserve wallet, now holding 5.48M LINK worth $48.5M.
Ecosystem ·
Chainlink repurchased 127.74K LINK tokens valued at approximately $1.12M and moved them to its reserve wallet, expanding holdings to 5.48M LINK worth around $48.5M. The reserve's average acquisition cost stands at $11.14 per token.
The buyback represents an ongoing capital deployment strategy through the reserve account. Reserve activity can be tracked on-chain, which maintains a dedicated wallet for accumulated tokens.
The timing and frequency of additional purchases remain to be disclosed in future announcements or detected through continued on-chain monitoring.