Chainlink completes quarterly unlocking, with 19 million LINK entering the market

On April 4th, Chainlink completed quarterly token unlocking, unlocking and transferring approximately 19 million LINK (approximately $165 million) from three non circulating supply addresses. Among them, approximately 14.375 million LINK (approximately $125 million) were transferred to Binance, and approximately 4.625 million LINK (approximately $40.1 million) were transferred to multi signature addresses 0xD50... 8Af. Chainlink typically unlocks around 10 to 20 million LINK per quarter, with the majority flowing into Binance and a small portion used for staking reward distribution contracts.