Chainlink Transfers 21 Million LINK Tokens to Binance and Multisig Address

6/22/2024 1:17:57 AM

According to @EmberCN, Chainlink transferred 21 million LINK tokens ($291 million) from four non-circulating supply addresses in the past five hours. Of these, 18.75 million LINK ($260 million) were moved to Binance, and 2.25 million LINK were transferred to a multisig address (0xD50...8Af). This transfer pattern occurs approximately every three months, with most tokens being sent directly to Binance. Since 2022, similar transfers have been observed. (Source)

Chainlink Binance multisig address LINK

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