余烬
余烬|Mar 15, 2025 01:26
Chainlink quarterly unlock: 19 million LINK flows into Binance, with limited price impactThe quarterly Chainlink unlocking is conducted 5 hours in advance: 19 million LINK (262 million) are unlocked and transferred from 2 non recurring supply addresses of Chainlink. Among them, 14.875 million (205 million) were directly transferred to Binance, and 4.125 million (57.04 million) were transferred to 0xD50... 8Af multi signature addresses. Every three months, Chainlink's non recurring supply addresses unlock approximately 10 to 2 million LINK tokens. Most of this will be directly transferred to Binance, while a small portion will be transferred to addresses 0xD50... 8Af (the LINK portion transferred to this address enters the LINK staking reward distribution contract, which is used to distribute rewards to LINK staking users). Since 2022, approximately 163.65 million LINK tokens (1.81 billion) have been unlocked and flowed into Binance through the aforementioned methods, with an average transfer out price of 11.06. Although a huge amount of LINK is unlocked quarterly and flows into Binance, each time LINK is transferred to Binance, it does not have a significant impact on LINK prices in a short period of time. https://((etherscan.io))/token/0x514910771af9ca656af840dff83e8264ecf986ca? a=0xd48133c96c5fe8d41d0cbd598f65bf4548941e27https://((etherscan.io))/token/0x514910771af9ca656af840dff83e8264ecf986ca? A=0x9c17f630dbde24eece8fd248faa2e51f690ff79b This article is sponsored by Bitget | @ Bitgetzh
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