Chainlink has completed its quarterly token unlock, releasing 19 million LINK tokens valued at approximately $165 million from three non-circulating supply addresses. Of these, 14.375 million LINK tokens, worth about $125 million, were transferred to Binance, while 4.625 million LINK tokens, valued at around $40.1 million, were moved to a multisig address starting with 0xD50. Chainlink conducts similar large-scale unlocks approximately every three months, with most tokens typically transferred to exchanges and a smaller portion allocated for LINK staking rewards.
Chainlink Unlocks 19 Million LINK Tokens Worth $165 Million
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