The post Centralization of Chainlink Funds Raises Concerns appeared on BitcoinEthereumNews.com. Chainlink, a major cryptocurrency, finds over 66% of its circulatingThe post Centralization of Chainlink Funds Raises Concerns appeared on BitcoinEthereumNews.com. Chainlink, a major cryptocurrency, finds over 66% of its circulating

Centralization of Chainlink Funds Raises Concerns

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Chainlink, a major cryptocurrency, finds over 66% of its circulating supply concentrated on centralized exchanges, predominantly on Binance. Recent on-chain data highlights that Binance possesses an astonishing 85.1 million LINK tokens, which translates to a significant portion of the market’s LINK reserves.

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Source: https://en.bitcoinhaber.net/centralization-of-chainlink-funds-raises-concerns

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