• 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

2 years 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.

chest

Other news

Bitcoin Long-Term Holder Supply Turns Positive Again

chest

Bitcoin's long-term holder supply has shifted back into positive territory, indicating a change in investor behavior.

user avatarArif Mukhtar

Ethereum's Price Structure Compared to Netflix's Historical Trading Pattern

chest

Crypto analyst Crypto Tice compares Ethereum's price structure to Netflix's trading behavior from 2003 to 2009, suggesting a potential breakout after long-term stagnation.

user avatarMaria Gutierrez

Moo Deng Meme Coin MOODENG Surges 65% Following Intruder News

chest

The Solana meme coin MOODENG has surged 65% in the last 24 hours following news of an intruder fined for entering Moo Deng's enclosure.

user avatarDavid Robinson

Man Fined for Intruding on Viral Hippo Moo Deng's Enclosure

chest

A man has been fined 300 for unlawfully entering the enclosure of the viral pygmy hippo Moo Deng at Khao Kheow Open Zoo.

user avatarAndrew Smith

SEC Drops Lawsuits Against Major Crypto Firms, Acknowledges Past Mistakes

chest

The SEC has dropped seven lawsuits against major crypto firms, including Binance and Coinbase, acknowledging past mistakes in resource allocation.

user avatarJacob Williams

Ripple Achieves Major Milestones in Legal and Regulatory Landscape

chest

Ripple has made significant progress since 2018, overcoming legal challenges and expanding its services while gaining regulatory recognition.

user avatarZainab Kamara

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.