Whale deposits 984,600 LINK to Coinbase, worth about $9.23 million

Whale deposits 984,600 LINK to Coinbase, worth about $9.23 million

N
News Editor
2026-08-16 08:38:49
Onchain Lens said a whale transferred 984,600 LINK to Coinbase roughly two hours before the report, with the tokens valued at about $9.23 million. The move was flagged as a possible sell deposit. The same wallet had accumulated about 2.41 million LINK from Binance over the past month, according to the monitoring update. After the Coinbase transfer, the whale still holds 1.43 million LINK, worth about $13.43 million based on the figures cited in the report. Onchain Lens also estimated the wallet is sitting on an unrealized profit of about $1.42 million. The transaction adds to recent whale activity around LINK and points to a sizable amount of tokens being moved onto a major exchange.

According to Onchain Lens, a whale deposited 984,600 LINK into Coinbase about two hours before the report. The tokens were valued at about $9.23 million, and the transfer was flagged as a likely sell move.

Over the past month, the whale had accumulated about 2.41 million LINK from Binance. The wallet still holds 1.43 million LINK, worth about $13.43 million, with an estimated unrealized profit of $1.42 million.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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