Chainlink: Buys Back $1.13M LINK

Chainlink executed a $1.13M buyback, acquiring 139,956.08 LINK through multiple CoWSwap transactions before consolidating the tokens into its reserve wallet.

The move expands the reserve to 5.35M LINK valued at roughly $43.9M, carrying an average acquisition cost of $11.19 per token and reflecting disciplined Chainlink tokenomics treasury management strategy over the past year. On the 4h chart, price sits at $8.24 inside the Bollinger Bands with the upper band at $8.26 acting as immediate resistance; the EMA50 at $8.23 and EMA200 at $8.15 provide layered support while MACD registers a bullish golden cross and RSI holds neutral at 53.38, suggesting any test of the upper band could trigger a measured pullback toward the 50-EMA before continuation.