Chainlink Sees Surge in High-Value Transactions Amid $1.12M Buyback

Chainlink (LINKUSD) has experienced a surge in high-value transactions. In March, there were 246 transactions worth over $100k, marking the most since that month.

The wallets holding between 100k and 10 million LINK tokens account for approximately 46.57% of the circulating supply, which is around 466.31 million tokens.

Chainlink has also made a significant purchase, buying back 127,740 LINK tokens for about $1.12 million, moving them to its reserve. The reserve now holds around 5.48 million LINK tokens, valued at approximately $48.5 million, with an average cost of $11.14 per token.