Chainlink unlocked 18.75M LINK ($215M) from 4 Noncirculating supply contracts in the past 2 hours, of which:

• 18.125M LINK ($208M) was directly deposited to Binance;
• 625K LINK ($7.18M) was sent to the multi-signature wallet 0xD50 to distribute staking rewards to users.
• These actions were done by the entity Chainlink Noncirculating Supply

Notably:

• Chainlink has been unlocking LINK every 3 months since August 2022, totaling 145.75M LINK ($1.5B). Among these tokens, around 126M LINK ($1.28B) were directly deposited to Binance at an average price of $10.133.
• Despite massive unlocks and CEX deposits, the LINK price seems stable or even rising following the unlocks.
• Chainlink still has 372.75M LINK ($4.26B) left across the 24 noncirculating supply contracts.

Fig 1. Chainlink unlocked 18.75M LINK ($215M) from 4 Noncirculating supply contracts to Binance and Multisign 0xD50 in the past 2 hours.

Fig 2. Chainlink has sent 126M LINK ($1.28B) during the unlocks to Binance since August 2022.