• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Chainlink Unlocks Tokens Worth $215 Million

user avatar

by Giorgi Kostiuk

9 months ago

  1. Massive Token Unlock
  2. Transfers to Binance and Multisig
  3. Total Token Unlock Volume


    4. Chainlink recently carried out a massive token unlock worth $215 million, sparking significant interest in the community.

    Massive Token Unlock

    Data shows that 18.75 million LINK worth $215 million was unlocked from Chainlink contracts.

    Transfers to Binance and Multisig

    Out of the unlocked tokens, 18.12 million LINK ($208 million) were sent to Binance. Meanwhile, 625 thousand LINK ($7.18 million) were transferred to the Multisig 0xD50f wallet.

    Total Token Unlock Volume

    Since August 2022, Chainlink has been unlocking tokens every three months, totaling 145.75 million LINK worth $1.5 billion. Of these, 126 million LINK ($1.28 billion) were sent to Binance at an average price of $10.13.

    Despite massive token unlocks and centralized cryptocurrency exchange deposits, LINK price appears stable and even occasionally rises. Currently, LINK is trading at $11.30. Developers still hold 372.75 million tokens worth $4.27 billion across 24 different wallets.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Silicon Valley Introduces 'Lonely Mountain' – A New Bank for the Crypto Industry

chest

Silicon Valley billionaires led by Peter Thiel aim to establish 'Lonely Mountain', a bank dedicated to supporting crypto startups.

user avatarGiorgi Kostiuk

Trump Sparks New Conflict with Fed Chair Jerome Powell

chest

Former President Donald Trump renewed tensions with Jerome Powell, calling for his immediate resignation due to economic concerns.

user avatarGiorgi Kostiuk

Future of Bitcoin: Expecting a Trend Shift in the Market

chest

Analysts warn of a potential trend shift in the Bitcoin market, noting signs of consolidation and reduced activity.

user avatarGiorgi Kostiuk

JPMorgan Announces $50 Billion Share Buyback After Fed Stress Tests

chest

JPMorgan initiates a $50 billion buyback and increases dividends, reinforcing perceptions of financial stability.

user avatarGiorgi Kostiuk

Ethereum and Worldcoin: Rising Optimism in the Crypto Market at the Start of Q3

chest

Ethereum continues to recover, while Worldcoin may be the next breakout candidate with a potential 70% upside.

user avatarGiorgi Kostiuk

Asian Stock Markets: Rise on Anticipation of U.S. Employment Figures

chest

Asian stock markets increased in anticipation of Friday’s U.S. employment data and the approval of a tax-and-spending plan.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.