US Government: Sends 98K LINK to Coinbase
US Government transfers 98,591 LINK worth $768K to Coinbase from FTX/Alameda seizures, with more deposits expected.
SourceAnalysis
US Government moved 98,591 LINK valued at $768K into Coinbase from seized FTX/Alameda wallets on June 10 2026 and signals further transfers ahead.
Price sits at $7.77 inside the Bollinger Bands with upper resistance at $8.09 and lower support at $7.60. The structure remains bearish as price trades below both EMA50 at $8.0 and EMA200 at $8.84 while MACD prints a death cross at -0.03. RSI at 47.53 offers neutral momentum so any test of the upper band likely meets selling that pushes LINK back toward the 50-EMA before the next directional move.
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