Wu Shuo learned that, according to Yujin’s monitoring, Chainlink completed this quarter’s scheduled routine unlock one hour ago. A total of 19 million LINK tokens (approximately $165 million) were transferred out from three non-circulating supply addresses. Of that amount, 14.375 million LINK (approximately $125 million) was transferred to Binance, and 4.625 million LINK (approximately $40.1 million) was sent to the 0xD50...8Af multisignature address. Chainlink typically performs periodic unlocks of a similar scale about once every three months; most of the tokens are moved to exchanges, and a small portion is used for distributing LINK staking rewards.

LINK0,05%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin