US Government: Transfers $216K FTX LINK Holdings
US Government moves $216K more in seized FTX assets including 98,591 LINK to Coinbase, pushing total transfers to $984K amid ongoing liquidation.
SourceAnalysis
US Government shifted another $216K in seized FTX/Alameda assets, bringing cumulative transfers to $984K with LINK, AAVE, CHZ and BAL included.
The latest batch sent 98,591 LINK tokens valued at $768K directly into Coinbase, continuing the pattern of steady disposals observed over the past year.
At $7.61, LINK trades inside its Bollinger Bands with lower support at $7.56 while the EMA50 at $7.96 and EMA200 at $8.81 cap upside; the MACD death cross at -0.05 and neutral RSI of 42.86 keep the structure bearish, suggesting any bounce stalls at the upper band $8.11 before retesting the 50-EMA.
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