Chainlink adds $1.1M in LINK to buyback reserve

Chainlink bought back 127,740 LINK worth about $1.12 million yesterday and transferred the tokens to a reserve wallet, Onchain Lens reported. The reserve address now holds 5.48 million LINK worth about $48.5 million, with an estimated average acquisition cost of $11.14 per LINK. According to CoinMarketCap, LINK was recently trading at $9.14, up 3.29% from yesterday.