diff --git a/packages/excalidraw/renderer/staticScene.ts b/packages/excalidraw/renderer/staticScene.ts
index 78534eb5a5..83e45a1227 100644
--- a/packages/excalidraw/renderer/staticScene.ts
+++ b/packages/excalidraw/renderer/staticScene.ts
@@ -221,6 +221,7 @@ const renderLinkIcon = (
 
       linkCanvasCacheContext.restore();
     }
+    context.globalAlpha = element.opacity / 100;
     context.drawImage(linkCanvas, x - centerX, y - centerY, width, height);
     context.restore();
   }