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via BeInCrypto · By BeInCrypto Editorial

US Government Moves $768,000 Seized FTX Tokens, Sparks Chainlink Sell-Off Fears

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BeInCrypto Editorial

(07:18 PM UTC)

1 min read

Updated byMichael Roberts

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A wallet tied to US government seized FTX Chainlink holdings moved 98,590 Chainlink (LINK) tokens, worth about $768,000, to Coinbase Prime on Wednesday, reviving speculation over a potential sale.

Blockchain trackers flagged the deposit within minutes. However, on-chain data alone does not confirm that the tokens are headed for the open market.

US government wallet transferring seized FTX Chainlink…

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