Data: Chainlink completed the unlocking of 11.25 million LINK tokens in the fourth quarter, of which 10.625 million were transferred to Binance

2024-12-21 11:00:19

Collection

ChainCatcher news, according to Ember monitoring, Chainlink has completed its fourth quarter token unlock, with a total of 11.25 million LINK (approximately $258 million) transferred from three non-circulating supply addresses. Among them, 10.625 million LINK (approximately $244 million) were transferred to Binance exchange, and 625,000 LINK (approximately $14.32 million) were sent to the multi-signature address for staking rewards distribution.

Data shows that since 2022, Chainlink has transferred approximately 14.5 million LINK (approximately $1.548 billion) to Binance through quarterly unlocks, with an average transfer price of $10.7. It is worth noting that previous large-scale unlocks have not caused significant impacts on the LINK price.

(Source Link)

Related tags

Chainlink Binance LINK token

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.