An unidentified wallet deposited another 620,420 LINK, valued at roughly $7.6 million, into Coinbase on Sept. 7, bringing its three-week transfers to the exchange to 2.41 million LINK worth about $26.04 million. Onchain Lens said the address had accumulated the tokens through Binance withdrawals before routing them to Coinbase. Exchange deposits can precede sales or other transactions, but blockchain records do not confirm that the LINK was sold. LINK traded near $13.07 after gaining about 7.1% in the latest session, while 24-hour volume rose 25.02% to $503.90 million and open interest increased 8.26% to $696.89 million. Investor Jordan said a confirmed break above $12 could target $15 and subsequently $20 if buying pressure persists. Wyoming's FRNT stablecoin also adopted Chainlink Proof of Reserve, becoming the first stablecoin issued by a U.S. public entity to publish reserve data on-chain through Chainlink.