Chainlink Just Unleashed a ton of $LINK ! 🤯 In the past hours, #Chainlink unlocked a whopping 18.75M #LINK ($215M) 🔓 from their noncirculating supply contracts.

Here's the breakdown:

🚩 18.125M LINK ($208M) went straight to #Binance . 💰

🚩 625K LINK ($7.18M) was sent to a multi-sig wallet for staking rewards. 🎉

This isn't the first time Chainlink has done this. Since August 2022, they've unlocked a total of 145.75M LINK ($1.5B), with most of it going to Binance. 🤐

The crazy thing? Despite all this unlocking, LINK's price has remained stable or even gone up! 📈

So, what's the deal? 🤷 Is Chainlink playing 4D chess here? Or is there something else going on? Let us know your thoughts in the comments! DYOR! #Altcoins

Source: SpotOnChain