On March 15, 2025, Chainlink unlocked 19 million LINK tokens as part of its quarterly strategy, with over 13 million tokens sold by whale wallets beforehand.
Despite the unlock, LINK’s price rose approximately 6%, showing resilience due to Bitcoin’s rise. Historical data suggests price dips followed by recoveries after past unlocks.
Smaller wallets absorbed the sold tokens, while larger ones sold off. Increased exchange reserves noted before unlocking indicate rising selling pressure.
Leave a Reply