Chainlink Unlocks 21 Million LINK Tokens Quarterly, Worth $166 Million
Svmuu News: According to on-chain analyst Yu Jin, Chainlink’s quarterly unlock took place 3 hours ago, with 21 million LINK unlocked and transferred from four non-circulating supply addresses, valued at $166 million.Of these, 18.375 million LINK were transferred to Binance, valued at $145 million; 2.625 million LINK were transferred to the multi-signature address 0xD50...8Af, valued at $20.8 million.Each quarter, Chainlink’s non-circulating supply addresses unlock approximately 10 to 20 million LINK, most of which are transferred to Binance, with a small portion going to the 0xD50...8Af; the portion of LINK transferred to this address enters the LINK staking reward distribution contract, which is used to distribute rewards to LINK stakers.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
JST (JUST) price surged to $0.11326, hitting a new 365-day high.
-
2
Aethir (ATH) Token Value Analysis: Decentralized Cloud Computing Project Potential and Risk Assessment
-
3
Standard Chartered Predicts XRP Could Reach $12.60 by 2028, Citing Unmet Catalysts
-
4
Bitcoin Trading Platforms and Mobile Apps Guide: Selection and Considerations
-
5
How will cyclical trends evolve after the Bitcoin halving?
-
6
What is WKAI? Wrapped KardiaChain (WKAI) Project Analysis and Risk Warning
-
7
FIL (Filecoin) saw a trading volume of $7.06 million in the past hour, 22.9 times its 7-day average for the same period, and is currently trading at $0.9672.
-
8
HYN (Hyperion) Analysis: Decentralized Map Project Status and Market Activity Review
-
9
FTT Token Analysis: Founder, Bankruptcy Restructuring, and Token Value Outlook
-
10
OpenAI and Morgan Stanley Launch AI Tool to Automate Junior Analyst Work
Markets Today
Recommended Reading








