Chainlink unlocks $200 million LINK and deposits to Binance

IconCryptoNewsTerminal Staff20 Sep, 2024

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Chainlink unlocks $200 million LINK and deposits to Binance

Chainlink (LINK) unlocked 18.75 million LINK (~$214 million) from five non-exchange source addresses in the last 5 hours. 18.125 million LINK (~$207 million) of it was then deposited to Binance, and 625k LINK (~$7.15 million) was transferred to a multisig address starting with 0xD50. It's important to note that this is not the first time that Chainlink has unlocked a large amount of LINK. In fact, the project has unlocked a total of 50 million LINK so far.

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