The post Chainlink Transfers $207 Million in LINK to Binance appeared on BitcoinEthereumNews.com.

Chainlink has recently unlocked and transferred 18.75 million LINK from non-circulating supply addresses, with 18.125 million LINK sent to Binance, valued at approximately $207 million. This unlock occurs quarterly, typically releasing about 20 million LINK. Since 2022, around 133.4 million LINK, equivalent to roughly $1.29 billion, has been transferred to Binance through similar unlocks. This consistent release of tokens into circulation could impact market dynamics and investor sentiment around Chainlink. We’d Love to Hear Your Thoughts on This Article! Was this writing helpful? Source: https://coinpedia.org/crypto-live-news/chainlink-transfers-207-million-in-link-to-binance/

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Filed under: News - @ September 21, 2024 4:29 am