Basically no, you can't link your Paypal account to a fresh Ebay account.
I've been in a similar situation with 2 accounts, and had the reverse situation with 2 accounts, ie, where a paypal account is blocked/restricted/or had a warning, but the Ebay account was still good. Now that's really sickening!!!
So in desperation I just did a swap- I added a new email address to the 'good' paypal account, and filled that paypal payment address to the 'good' ebay account on the sell your item form. Miraculously it has worked, for how long that can go on I don't know, you'd have thought about one sale, but amazingly no!
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