On-chain tracker Onchain Lens said Chainlink has carried out another LINK buyback, purchasing 127,740 LINK worth about $1.12 million and transferring the tokens to a reserve wallet. The latest transaction adds to the project’s reserve holdings, which Onchain Lens said now stand at roughly 5.48 million LINK. Based on the cited data, those holdings are valued at about $48.5 million, with an average acquisition cost of $11.14 per token. The update points to a fresh accumulation move by Chainlink rather than an open-market transfer between external addresses, as the purchased tokens were sent directly into the reserve wallet after the buyback was completed.
Chainlink has completed another LINK buyback, according to on-chain tracker Onchain Lens, purchasing 127,740 LINK worth about $1.12 million and moving the tokens into its reserve wallet.
Data cited by Onchain Lens shows the Chainlink Reserve now holds about 5.48 million LINK, valued at roughly $48.5 million. The average purchase cost across those holdings stands at $11.14 per LINK.
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