Data: Chainlink completed the unlocking of 11.25 million LINK tokens in the fourth quarter, of which 10.625 million were transferred to Binance

ChainCatcher news, according to Ember monitoring, Chainlink has completed its fourth quarter token unlock, with a total of 11.25 million LINK (approximately $258 million) transferred from three non-circulating supply addresses. Among them, 10.625 million LINK (approximately $244 million) were transferred to Binance exchange, and 625,000 LINK (approximately $14.32 million) were sent to the multi-signature address for staking rewards distribution.

Data shows that since 2022, Chainlink has transferred approximately 14.5 million LINK (approximately $1.548 billion) to Binance through quarterly unlocks, with an average transfer price of $10.7. It is worth noting that previous large-scale unlocks have not caused significant impacts on the LINK price.