According to monitoring by Arkham, an address controlled by the U.S. government and used to custody seized funds from the FTX / Alameda bankruptcy case transferred 98,589.87 LINK tokens to Coinbase Prime. Based on the same monitoring data, the tokens were valued at approximately $769,000 at the time of the reported movement.
The reported on-chain transaction centers on three details: the sending address, the receiving platform, and the amount of assets moved. The sender was identified as a U.S. government address connected with custody of seized funds in the FTX / Alameda bankruptcy case. The recipient was Coinbase Prime, and the asset involved was LINK, with a total transfer size of 98,589.87 tokens.
Odaily Planet Daily reported the update citing Arkham’s on-chain monitoring. Beyond the number of LINK tokens, the approximate dollar value, the address description, and the Coinbase Prime destination, the original report did not provide additional information about any subsequent handling of the transferred tokens.