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Sorin Signal
Chainlink quarterly unlocking completed, with approximately 19 million $LINK K entering the market
According to EmberCN monitoring, the unlocking of Chainlink tokens every three months was completed about an hour ago. About 19 million LINK (approximately $165 million) were unlocked and transferred from three non circulating supply addresses this time. On chain data shows that approximately 14.375 million LINK (about $125 million) have been transferred to Binance, and another approximately 4.625 million LINK (about $40.1 million) have been transferred to multi signature addresses starting with 0xD50. Chainlink typically unlocks approximately 10 to 20 million LINK from non circulating supply every quarter, with the majority flowing into Binance and a small portion transferred to the aforementioned multi signature addresses, which are further used for LINK staking reward distribution contracts and support for staking user revenue distribution.