The quarterly Chainlink unlock took place 3 hours ago: 11.25 million $LINK ($258.14M) was unlocked and transferred from 3 non-circulating supply addresses of Chainlink.

Among them, 10.625 million ($243.82M) was transferred to Binance, and 625,000 ($14.32M) was sent to the 0xD50...8Af multi-signature address.

◎ Every three months, Chainlink's non-circulating supply addresses unlock around 10 to 20 million LINK.

Most of this amount is directly transferred to Binance, with a small portion going to the 0xD50...8Af address (the part of LINK transferred to this address enters the LINK staking reward distribution contract, used to reward staking users).

◎ Since 2022, approximately 144.65 million LINK ($1.548B) has been unlocked and flowed into Binance through the above means, with an average transfer price of $10.7.

◎ Although a large amount of LINK is unlocked and flows into Binance quarterly, there has not been a significant impact on the LINK price every time LINK is transferred into Binance.