Chainlink has conducted a regular token unlock, releasing 17.875 million LINK tokens to Binance, affecting the market and its liquidity.
Chainlink Token Unlock
On June 21, 2025, Chainlink released 17.875 million LINK tokens, valued at approximately $149 million. This release followed the established quarterly schedule and targeted maintaining ecosystem growth, paying node operators, and supporting protocol development.
Market Impact
The token release sparked interest due to potential market impacts associated with increased volatility. LINK's price fell to $8.33, the lowest level since April, showing a typical reaction to sizable token movements.
Chainlink's Long-term Strategy
Founded in 2017, Chainlink maintains a consistent token unlock schedule under the leadership of co-founder Sergey Nazarov, who emphasizes the project's long-term goals. 'Chainlink's roadmap and strategic vision aims to facilitate blockchain adoption and cross-chain finance.' Currently, no new comments on this event have been released by Nazarov.
The token unlock by Chainlink continues to influence the market as the company pursues its long-term development strategy.
