Chainlink has repurchased 139,956.08 LINK, a position worth approximately $1.13 million, according to on-chain monitoring service Onchain Lens. The tokens were then transferred into Chainlink's reserve wallet. Onchain Lens said the LINK was built up through multiple swaps on CoWSwap, and after being accumulated, the batch was sent to the reserve wallet. Current on-chain data shows the Chainlink reserve holds 5.35 million LINK, valued at an estimated $43.9 million. The average acquisition cost for the reserve's LINK position is $11.19 per token. The repurchase and transfer were identified through Onchain Lens monitoring. The source did not provide additional details about why the buyback was made or the exact time period over which the swaps took place. The figures reflect the state of Chainlink's reserve wallet as reported in the monitoring update. This is the latest movement involving a major Chainlink position and was categorized by ChainCatcher as whale movement.
Chainlink has bought back 139,956.08 LINK, valued at roughly $1.13 million, according to on-chain monitoring service Onchain Lens. The tokens were sent to Chainlink's reserve wallet after being accumulated through multiple swaps on CoWSwap and then consolidated into a single transfer.
Onchain Lens data shows the reserve now holds 5.35 million LINK, worth approximately $43.9 million. The average acquisition cost for the reserve position is $11.19 per LINK.
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