Chainlink transferred non-circulating LINK to Binance!

#chainlink #analiz #Trader $LINK

Chainlink transferred non-circulating LINK to Binance! The Chainlink team increased the circulating supply by transferring $162 million of uncirculated LINK to Binance.

11.25 million LINK worth $162 million transferred by the Chainlink team to #Binance created controversy in the crypto community by increasing the circulation supply. While it was stated that this transfer was made to accelerate Web3 initiatives and support development efforts, various opinions emerged among LINK investors regarding the distribution rate. Many LINK investors found the distribution rate high.