Chainlink repurchased 139,956 LINK tokens (~$1.13M) via CoWSwap, bringing reserve holdings to 5.35M LINK.
Ecosystem ·
Chainlink executed a token repurchase of 139,956.08 LINK tokens valued at approximately $1.13M, routing the acquisition through multiple swaps on CoWSwap before consolidating the tokens into its reserve wallet. The buyback was completed via transaction on-chain.
Following the repurchase, Chainlink's reserve now holds 5.35M LINK tokens valued at approximately $43.9M. The accumulated reserve reflects an average acquisition cost of $11.19 per token across historical purchases, indicating pricing conditions below the current spot value at the time of this repurchase.
The buyback represents Chainlink's continued strategy of accumulating LINK through its reserve mechanism. The specific mechanics of the CoWSwap routing and timing relative to market conditions remain unspecified in available data.