ChainCatcher Message: Chainlink completed its token unlock in the fourth quarter, with a total of 11.25 million LINK (approximately $258 million) transferred. 😮 Of this, 10.625 million (approximately $244 million) flowed into Binance exchange, while 625,000 (approximately $14.32 million) was transferred to the multi-signature address for staking rewards distribution.
Since 2022, Chainlink has transferred approximately 14.5 million LINK to Binance through quarterly unlocks, worth about $1.548 billion, with an average transfer price of $10.7. 📊 Interestingly, these large-scale unlocks have not had a significant impact on the LINK price. 🔍
For investors, this may indicate that market demand for LINK remains stable, or that the unlocks were anticipated by the market. 🤔 Regardless, it’s always a good idea to keep an eye on market dynamics!