Chainlink Just Unleashed a ton of $LINK ! đ€Ż In the past hours, #Chainlink unlocked a whopping 18.75M #LINK ($215M) đ from their noncirculating supply contracts.
Here's the breakdown:
đ© 18.125M LINK ($208M) went straight to #Binance . đ°
đ© 625K LINK ($7.18M) was sent to a multi-sig wallet for staking rewards. đ
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. đ€
The crazy thing? Despite all this unlocking, LINK's price has remained stable or even gone up! đ
So, what's the deal? đ€· 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
