Chainlink Transfers $207 Million in LINK to Binance

The post Chainlink Transfers $207 Million in LINK to Binance appeared first on Coinpedia Fintech News

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.