• 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

a year 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

Michael Saylor's Firm Approaches Major Bitcoin Milestone

chest

Michael Saylor's firm is nearing its 100th Bitcoin purchase, continuing a strategy that has been in place since 2020.

user avatarBayarjavkhlan Ganbaatar

Ethereum Set for Major Transformation with New Upgrade

chest

Ethereum's founder, Vitalik Buterin, has announced a new upgrade called Cypherpunk Ethereum, aimed at enhancing privacy and decentralization, with potential long-term growth for the network.

user avatarMohamed Farouk

Bitcoin Price Faces Critical Support Level Amid Bear Market

chest

Bitcoin's price is currently at a critical juncture, hovering around 65K, with predictions of potential further declines if it breaks below 60K.

user avatarElias Mukuru

Bitcoin's Market Outlook and Potential for Recovery

chest

Market commentators discuss Bitcoin's potential for recovery amidst current market conditions.

user avatarKenji Takahashi

Bitcoin's Growing Connection with the Software Sector

chest

Bitcoin has increasingly aligned with the software and technology sector, impacting its role in global finance.

user avatarDiego Alvarez

Mysterious Laurore Ltd Takes $436 Million Position in BlackRock's Bitcoin ETF

chest

A little-known offshore entity, Laurore Ltd, has disclosed a significant investment in BlackRock's Bitcoin ETF, raising questions about its origins and intentions.

user avatarMaria Fernandez

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.