Chainlink unlocks 19 million LINK within five hours, with over $205 million flowing into Binance

Odaily Planet Daily News: According to on chain analyst @ EmberCN monitoring, Chainlink completed quarterly unlocking 5 hours ago, with a total of 19 million LINK (approximately $262 million) transferred from two non recurring supply addresses. Among them, 14.875 million LINK (approximately $205 million) were directly transferred to Binance, and 4.125 million LINK (approximately $57.04 million) were transferred to multi signature addresses. Key data: Chainlink unlocks approximately 10 to 2 million LINK tokens every three months, with the majority flowing into Binance and a small portion into multi signature addresses. Some of these tokens enter LINK staking reward contracts for distributing staking rewards. Since 2022, approximately 163.65 million LINK (approximately $1.81 billion) have been unlocked and flowed into Binance through this method, with an average transfer price of $11.06. Previous data shows that despite the huge unlocking scale of LINK in the quarter, its transfer to Binance did not have a significant impact on the short-term trend of LINK prices.