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Crypto

Chainlink Executes $1.13 Million Token Buyback through CoW Swap

Guavy AI Editorial Team
Instruments
LINK
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Chainlink has carried out a significant token buyback, acquiring approximately $1.13 million worth of LINK tokens through CoW Swap.

The purchase consisted of around 139,956 tokens, which have been transferred to Chainlink's reserve wallet.

This move brings the total value of Chainlink's reserves to about $43.9 million, with an average purchase price of $11.19 per token.

Chainlink's reserve wallet now holds approximately 5.35 million tokens, a notable increase in its holdings.

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