Chainlink Quarterly Unlock: 21 Million LINK, Worth $166 Million

TechFlow News: On June 20, on-chain analyst Yujin reported that Chainlink’s quarterly token unlock occurred three hours ago. A total of 21 million LINK tokens—valued at $166 million—were unlocked and transferred from four Chainlink non-circulating supply addresses. Of these, 18.375 million LINK (valued at $145 million) were transferred to Binance, while 2.625 million LINK (valued at $20.8 million) were sent to the multi-signature address 0xD50...8Af. Each quarter, Chainlink unlocks approximately 10–20 million LINK tokens from its non-circulating supply addresses; the majority are transferred to Binance, while a smaller portion goes to the 0xD50...8Af address. The LINK tokens sent to this address flow into the LINK staking reward distribution contract, which disburses rewards to LINK stakers.