According to on-chain analyst Ember, the quarterly Chainlink unlocking took place 3 hours ago: 11.25 million LINK ($258.14 million) were unlocked and transferred from Chainlink's 3 non-circular supply addresses. 10.625 million (243.82 million USD) were transferred to Binance and 625,000 (14.32 million USD) to 0xD50... 8Af multi-signature address. Every three months, Chainlink's acyclic supply address unlocks around 1000-20 million LINKs. Most of this will be transferred directly to Binance, and a small part will be transferred to the 0xD50... 8Af address (the LINK part transferred to this address enters the LINK pledge reward issuance contract, which is used to issue rewards to staking users). Since 2022, almost 144.65 million LINK ($1.548B) have been unlocked in the above way and flowed into Binance, with an average price of $10.7. Although a large amount of LINK was unlocked and flowed into Binance on a quarterly basis, each time LINK was transferred into Binance, it did not have a significant impact on the price of LINK.