Data: A certain wallet heavily bought $6.28 million worth of LINK at the pre-crash high on 10.11, then sold at a loss, losing $1.096 million.
According to ChainCatcher, on-chain analyst Ai Aunt (@ai_9684xtpa) monitored that address 0xCEd...837b9 heavily invested $6.28 million in LINK at the market peak before the crypto flash crash on October 11. After holding for two weeks, the position was sold at a loss, resulting in a final loss of $1.096 million.
This address bought 293,000 LINK at an average price of $21.4 between 00:50 and 01:14 on October 11. Just four hours later, the price of LINK plummeted to $7.9, causing the assets to shrink by 63% instantly. Two hours ago, the address sold at an average price of $17.55, still incurring an 18% loss.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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