US-linked wallet sends 98,590 LINK ($768K) to Coinbase Prime, raising selloff fears

A US government-linked wallet transferred 98,590 LINK (about $768,000) to Coinbase Prime, prompting renewed market anxiety about potential selling. The funds trace back to assets seized during the 2022 FTX/Alameda collapse, while some observers argue Coinbase Prime use may point to custody or structured execution rather than an immediate open-market dump.