Chainlink (LINK), one of the most popular altcoins of recent times, started to lose value after the unlocking.
According to information provided by Blockchain analysis platform Spot On Chain, Chainlink’s from the contract not in circulation 19 million LINK output. Their value is approximately It is 341 million dollars It is assumed.
Chainlink in total since August 2022 106 million LINK unlocked.
Of the coins unlocked in the past hours, 15.95 million were sent to Binance and 3.05 million were sent to a multi-signature wallet.
106 million LINK unlocked so far 88.95 million part, average per unit price of $9.06 It was sent to Binance via .
According to TradingView data, LINK gained 24% in value on a weekly basis. However, as the coins were unlocked, the price started to drop.