A large Chainlink holder moved 984,600 LINK worth about $9.23 million to Coinbase in a transaction that traders often view as a possible prelude to selling, even as LINK rallied 14.7% this week. The token broke above resistance around $8.90, reached $9.60, and later settled near $9.43. Over the past month, the same wallet had accumulated about 2.41 million LINK from Binance and still holds 1.43 million LINK valued at about $13.43 million. Based on those positions, the whale is sitting on an estimated unrealized profit of $1.42 million. The move leaves the market watching whether Chainlink can hold its breakout if the transferred tokens are sold.