ChainCatcher News, according to Ember monitoring, Chainlink has completed the fourth quarter token unlock, totaling 11.25 million LINK (approximately $258 million) transferred from three non-circulating supply addresses. Among them, 10.625 million (approximately $244 million) were transferred to Binance exchange, and 625,000 (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 past large-scale unlocks have not caused significant impacts on LINK prices.