Will Chainlink’s $207M Unlock, Trigger Another Price Surge?

Today, the Chainlink wallet has unlocked 18.125M LINK worth more than $200M. Following the unlock, all the tokens were transferred to Binance. Based on the historical price movement, seven of 8 such unlocks have led to a price surge in under 30 days. The LINK token price is currently trading at $11.32, with a 2.06% jump in the last 24 hours. With a market cap of $7.09 billion and a 24-hour volume of $233.93M, it is second in the top 15 cryptocurrency list.