Chainlink unlocks 21 million LINK quarterly, worth $166 million

Odaily reports that according to on-chain analyst Ember's monitoring, the quarterly unlocking of Chainlink took place 3 hours ago, with 21 million LINK unlocked and transferred from 4 Chainlink non-circulating supply addresses, worth $166 million. Of these, 18.375 million LINK were transferred to Binance, worth $145 million; 2.625 million LINK were transferred to the multi-signature address 0xD50...8Af, worth $20.8 million. Each quarter, Chainlink's non-circulating supply addresses unlock approximately 10 million to 20 million LINK, most of which is transferred to Binance, with a smaller portion going to the 0xD50...8Af address; some of the LINK transferred to this address enters the LINK staking reward distribution contract, used to distribute rewards to LINK stakers.