Chainlink Team Has Dumped 34M+ LINK on Binance – Zeus Capital

Abstract:

Zeus Capital has persevered to rattle the Chainlink mission, continuously insinuating it’s a scamThe up to date accusation is that the Chainlink crew has been dumping LINK on Binance considering that final summer timeZeus Capital highlights a Chainlink deal with keeping 90k LINK and claims it as soon as had 34.5 million tokensconsistent with Zeus, the deal with bought 1M LINK per thirty days and soon graduated to 1.5M tokens according to week

Zeus Capital is once again on the offensive in opposition to the Chainlink crew.

In a up to date Twitter thread, Zeus Capital claims that the staff at Chainlink has sold over 34 million HYPERLINK tokens within the prior few months during the Binance exchange.

Zeus Capital proof is hinged on a Chainlink cope with that allegedly once held 34.5 million HYPERLINK as explained below.

Remember the 34,500,000 HYPERLINK ‘dev’ address @chainlink was constantly dumping on Binance? It’s now depleted https://etherscan.io/address/0xf37c348b7d19b17b29cd5cfa64cfa48e2d6eb8db#tokentxns

As the crypto bull run speeded up so did @Smart_Contract‘s greed: a 12 months in the past, they were selling 1M LINK a month, now it’s 1.5M a week.

Chainlink Workforce Has Pocketed $500M Considering Closing Summer Season – Zeus Capital

A quick glance at the deal with supplied above reveals that it now holds roughly 90,421 LINK valued at $2.476 million. This fact was once additional reiterated by way of the crew at Zeus who warned that the selling could continue since the project’s founder still holds more or less 550 million.

The sell off is way from over, even though.

There are 550M $LINK on @SergeyNazarov‘s disposal and a up to date ‘dev’ address to attract from https://etherscan.io/deal with/0xe0362f7445e3203a496f6f8b3d51cbb413b69be2#tokentxns

What is Chainlink doing with that much money?

in step with Zeus Capital, the crew at Chainlink can have pocketed just about $500 million from the LINK offered on the grounds that ultimate summer time. Such an amount is relatively top when compared to other regular firms as defined below.

Given That ultimate summer season, SmartContract must’ve pocketed over $500M from the $HYPERLINK offered. to place it into standpoint, Dun&Bradstreet, a large knowledge endeavor using more than 6,000 other folks, spent $1.1B during the comparable length. D&B has 137k institutional purchasers and ~SIXTEEN,000 information resources

(Characteristic image courtesy of Unsplash.com)

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