Giant Cryptocurrency Whale Gave Up: He Sold Massive Amount of This Altcoin He Bought Before The Crash

CoinMarketCap

29 Dec 2024

According to Onchain data, a crypto whale appears to have sold the altcoin he recently purchased at a loss in his latest transactions.

According to the data, the crypto whale in question recently transferred $5.37 million worth of Chainlink (LINK) to Binance and OKX.

This whale withdrew 595,000 LINK worth $17.31 million via cryptocurrency exchange Binance between Dec. 14 and Dec. 18. The average purchase price was $29.1, the data shows.

With the recent declines, the giant crypto whale has lost $4.5 million from the LINK token at the time of writing. The current price of the LINK token is at $21.52.

Related News: Anticipated Development in Bitcoin Happened: Now Looking Ahead to Elon Musk's Potential Announcement

However, LINK reached its all-time high in 2021, when it reached a high of $52.88. It is currently trading 59% lower than its ATH price level.

Due to the token unlocks that have occurred since the ATH price level, the total market value of LINK in the current bull market has approached the record value of $20.60 billion with $18.19 billion.

*This is not investment advice.

Continue Reading: Giant Cryptocurrency Whale Gave Up: He Sold Massive Amount of This Altcoin He Bought Before The Crash

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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It is currently trading 59% lower than its ATH price level.</p>\n<p>Due to the token unlocks that have occurred since the ATH price level, the total market value of LINK in the current bull market has approached the record value of $20.60 billion with $18.19 billion.</p>\n<p>*This is not investment advice.</p>\n<p><b> Continue Reading: Giant Cryptocurrency Whale Gave Up: He Sold Massive Amount of This Altcoin He Bought Before The Crash</b></p></body></html>","source":"coinmarketcap_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Giant Cryptocurrency Whale Gave Up: He Sold Massive Amount of This Altcoin He Bought Before The Crash</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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The average purchase price was $29.1, the data shows.With the recent declines, the giant crypto whale has lost $4.5 million from the LINK token at the time of writing. The current price of the LINK token is at $21.52.Related News: Anticipated Development in Bitcoin Happened: Now Looking Ahead to Elon Musk's Potential Announcement. However, LINK reached its all-time high in 2021, when it reached a high of $52.88. It is currently trading 59% lower than its ATH price level.Due to the token unlocks that have occurred since the ATH price level, the total market value of LINK in the current bull market has approached th","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4157":"电子设备和仪器","LINK":"Interlink Electrs Inc"},"translate_title":"加密货币巨鲸放弃了：他出售了崩盘前购买的大量山寨币","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LINK":1},"content_text":"According to Onchain data, a crypto whale appears to have sold the altcoin he recently purchased at a loss in his latest transactions.\nAccording to the data, the crypto whale in question recently transferred $5.37 million worth of Chainlink (LINK) to Binance and OKX.\nThis whale withdrew 595,000 LINK worth $17.31 million via cryptocurrency exchange Binance between Dec. 14 and Dec. 18. The average purchase price was $29.1, the data shows.\nWith the recent declines, the giant crypto whale has lost $4.5 million from the LINK token at the time of writing. The current price of the LINK token is at $21.52.\nRelated News: Anticipated Development in Bitcoin Happened: Now Looking Ahead to Elon Musk's Potential Announcement\nHowever, LINK reached its all-time high in 2021, when it reached a high of $52.88. It is currently trading 59% lower than its ATH price level.\nDue to the token unlocks that have occurred since the ATH price level, the total market value of LINK in the current bull market has approached the record value of $20.60 billion with $18.19 billion.\n*This is not investment advice.\n Continue Reading: Giant Cryptocurrency Whale Gave Up: He Sold Massive Amount of This Altcoin He Bought Before The Crash","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}