Chainlink Unlocks $341 Million in LINK Tokens Amid Caution Over Price Volatility
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19 million LINK tokens worth $341 million unlocked from Chainlink supply contracts and moved to exchanges like Binance
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Chainlink has unlocked 106 million LINK tokens since August 2022, sending 88.95 million LINK worth $805 million to Binance
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Chainlink still has 412.5 million LINK ($7.35 billion) left in reserves across 24 contracts
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Increased supply has not significantly impacted LINK price, which is up 26% in the past week and faces resistance at $20
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Analysts urge caution as LINK speculation and mainstream interest could attract FOMO and heighten volatility