>Why the fuck does Binance have so much LINK? As of today, Aug 16th, they have 122,662,653.7 LINK in their 5 wallets.
>Why haven't the 35% allocated for node incentivization been distributed yet? That's 350,000,010 LINK sitting in the #1 wallet
Wallets #3-#8 look like they hold the other 300,000,000 LINK from the ico. >Wallet #8 had 14,409,578.99 LINK transferred out during the year, do we think they were sold or perhaps given to someone?
So if we subtract all the LINK from the Binance wallets, the LINK reserved for node operators, and the dev wallets, we come out to 241,746,915 LINK being publicly available (some of the Binance LINK may still be available, but since most is in Wallet 5 and has barely moved, I didn't count it).
If anyone could shed some light on the three greentexted questions, I'd really appreciate it. I find it strange that Binance is holding so much LINK for what appears to be long-term.
they've already cashed out 1.5 million LINK, so somewhere around $500,000-$1,000,000 depending on when they did it. Guess that SF office was expensive, huh?
Nathan Johnson
actually it was 14,400,000
Ryan Baker
>Muh binance wallet >Muh me be too stupider to calc >muh binance = current anons holdings >muh who owns them user?? KYS
Nathaniel Morales
what language is this written in?
Jason Ramirez
120 million link seems far to much for peoples' holdings on the exchange.
Anthony Rivera
96 million of those 122 million are in wallet 5 which is barely touched. Check it out on etherscan and you’ll see
Luis Kelly
Right, which goes back to your first question. I don't have an answer, it's interesting.
Connor Hall
Because Binance will implement their own node for link and will run their whole system with Chainlink. They will get all so more revenue staking and using the node.
