Token

Chainlink

Spot

Coin

<ul class="news-points"> 
 <li><strong>A few hours ago, about 18.75 million LINK tokens were unlocked and transferred out by multiple non circulating wallet addresses.</strong></li> 
 <li><strong>At press time, LINK was worth $6.29 after its price was able to climb by more than 2% in the past 24 hours.</strong></li> 
 <li><strong>Technicals suggest that a significant medium-term bullish flag may be triggered on LINK’s daily chart soon.</strong></li> 
</ul> 
<p>Earlier today, 18.75 million <a href="https://coinedition.com/tag/chainlink-link/" rel="noopener noreferrer nofollow">Chainlink (LINK) tokens</a> were unlocked and transferred out by 4 non circulating wallet addresses, according to posts shared by on-chain analytics platforms Wu Blockchain and Spot On Chain. According to both posts, the unlocked LINK tokens were worth about $117 million to $119 million.</p> 
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   <p lang="en" dir="ltr">4 Chainlink Noncirculating Supply wallet addresses unlocked and transferred out 18.75 million LINK (approximately $119 million) today, of which 15.7 million were transferred to Binance, according to <a href="https://twitter.com/EmberCN?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@EmberCN</a> <br><br>These addresses also unlocked 21 million LINK 3 months ago, which…</p>— Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1702922368447082680?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 16, 2023</a> 
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<p>Spot on Chain also shared that 15.7 million of the unlocked LINK tokens, worth $95 million,&nbsp; were deposited to Binance. Afterwards, 3.05 million LINK remained in the 0xD50f address.</p> 
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> 18.…</p> 
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<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/link-price-expected-to-remain-stable-after-massive-token-unlock/">LINK Price Expected To Remain Stable After Massive Token Unlock</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

LINK Price Expected To Remain Stable After Massive Token Unlock

Coin Edition

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