Onchain Lens said the tokens were transferred from Coinbase Prime to a new wallet, marking a sizable Chainlink on-chain movement with no stated reason for the transfer.
Bitvavo withdrew 3.89 million LINK valued at about $32.59 million from Coinbase Prime to a new wallet, according to Onchain Lens. The large Chainlink token transfer may draw market attention because transactions of this size can reflect custody changes or internal treasury management, though no purpose was disclosed.