Smart
@oladelesemiu
Chainlink Unlocks $258M Worth of LINK in December In the latest token unlock, Chainlink released 11.25M LINK ($258M) from 3 noncirculating supply contracts: 🔹 10.625M LINK ($243.5M) deposited directly to Binance. 🔹 625K LINK ($14.4M) sent to a multi-sig wallet for staking rewards distribution. Key Insights: ➡️ Chainlink has unlocked 157M LINK ($1.73B) since August 2022, with 136.5M LINK ($1.52B) sent to Binance at an average price of $11.1. ➡️ Despite these substantial unlocks, the LINK price remains stable or rising, showing strong market resilience. ➡️ Chainlink still holds 361.5M LINK ($8.45B) across 15 noncirculating contracts. Stay tuned for more updates on Chainlink's activity and its potential market impact.
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