CandleFocus After Partial Recovery, Developers Unlock $243 Million Tokens In This Altcoin
2024-12-21
Author: Content Editor
The developers of the altcoin Chainlink (LINK) have unlocked and transferred a large amount of tokens, worth $258 million, from locked wallets. They moved $243 million to cryptocurrency exchange Binance and transferred $14.4 million to a multisig wallet. Since August 2022, the developers have unlocked and transferred a total of 157 million LINK, worth $1.73 billion, with the average price per token transferred to Binance being $11.1. The current price of LINK is $23.01. The Chainlink development team currently holds 361.5 million LINK tokens worth $8.45 billion, and the total market value of Chainlink's circulating supply is $14.67 billion.
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