Chainlink – Assessing market impact after $269M LINK unlock
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Chainlink is set to unlock $269 million worth of LINK tokens, which could impact its market price. The release of 19 million LINK tokens may influence LINK's price, alongside Bitcoin's market movements.
March 18, 2025 | 11:30 am
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NEGATIVE IMPACT
Chainlink is unlocking $269 million worth of LINK tokens, which could lead to increased supply and potential price volatility. The market will also be influenced by Bitcoin's price movements.
The unlocking of a large amount of LINK tokens increases supply, which could lead to downward pressure on the price. Additionally, Bitcoin's price movements often influence the broader crypto market, including LINK.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90