Monitored by Woofun AI, Chainlink completed its quarterly token unlock, releasing 21 million LINK valued at approximately $166 million from non-circulating supply addresses. This routine distribution occurred three hours ago, adhering to the project's standard schedule of unlocking between 10 and 20 million tokens each quarter.

The majority of the unlocked supply, comprising 18.375 million LINK worth $145 million, was transferred to Binance.

Concurrently, 2.625 million LINK, valued at $20.8 million, was directed to a multi-signature address beginning with 0xD50. This specific allocation is designated for distributing rewards to LINK stakers, maintaining the protocol's incentive structure.