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Chainlink (LINK) unlocks 19 million tokens, moving $165 million to market
Chainlink has completed its quarterly token unlock, releasing 19 million LINK tokens, valued at approximately $165 million, into circulation. The majority of these tokens were transferred to Binance, potentially increasing market liquidity. Despite this, LINK's price remains relatively stable, trading around $8.64.
Key points
- Chainlink unlocks 19 million LINK tokens, moving $165 million to market
Sources
AI-generated from public news sources. Not financial advice.
