Fluorescence blinking corresponding to collective quenching of up to 100 dye monomers is reported for individual J-aggregates of a perylene bisimide (PBI) dye. This implies an exciton diffusion length up to 70 nm in these one-dimensional assemblies. The number of quenched monomers was directly measured by comparing the fluorescence brightness of the J-aggregates with that of noncoupled PBI molecules. This brightness analysis technique is useful for unraveling photophysical parameters of any individual fluorescent nanosystem.