Chainlink has completed its quarterly routine unlocking, with a total of 19 million LINK tokens transferred out.

PANews reported on April 4th that, according to on-chain analyst Yu Jin, Chainlink completed its quarterly routine unlocking one hour ago, with a total of 19 million LINK (approximately $165 million) transferred from three non-circulating supply addresses. Of these, 14.375 million LINK (approximately $125 million) were transferred to Binance, and 4.625 million LINK (approximately $40.1 million) were transferred to the 0xD50...8Af multisignature address.

Every three months, Chainlink's non-circular supply address unlocks approximately 10 to 20 million LINK tokens. Most of these are transferred to Binance, while a small portion is transferred to the 0xD50...8Af address (the LINK transferred to this address enters the LINK staking reward distribution contract, which is used to distribute rewards to LINK staking users).

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Author: PA一线

This content is for market information only and is not investment advice.

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