According to Oncahin data, a large cryptocurrency whale suffered significant losses on altcoins they purchased in 2021. Continue Reading: A Big Whale Held an AltcoinAccording to Oncahin data, a large cryptocurrency whale suffered significant losses on altcoins they purchased in 2021. Continue Reading: A Big Whale Held an Altcoin

A Big Whale Held an Altcoin It Bought During the 2021 Bull Run for 5 Years, and Sold It Today at a Huge Loss!

2026/03/11 01:42
2 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

According to on-chain data, a large Chainlink (LINK) investor sold their shares today at a significant loss after making purchases during the 2021 bull market.

According to the shared data, the address in question purchased a total of 253,000 LINK tokens for approximately $5.58 million during the 2021 bull market. These purchases reportedly took place between August and December 2021, when the LINK price ranged from $18 to $33.

The same investor sent 215,000 LINK to the Bybit exchange this morning. This transfer was made for the purpose of selling, and it is estimated that the investor suffered a loss of approximately $3.5 million as a result of the transaction. Thus, the investor, after buying at levels near the market peak in 2021, held onto their assets throughout the bear market and finally sold at lower price levels.

At the time of writing, LINK is trading at $9.14.

Related News: Lending Altcoins Developers Focus on Most Have Been Revealed - There's a Clear Gap at the Top

On-chain analysis views this transaction as an example of a classic investment cycle frequently seen in cryptocurrency markets: buying at the peak, holding long in a bear market, and capitulating at the dips.

According to the data, the address set in question contains a total of 6 different addresses, and these addresses currently hold approximately $2.08 million worth of Ethereum (ETH).

*This is not investment advice.

Continue Reading: A Big Whale Held an Altcoin It Bought During the 2021 Bull Run for 5 Years, and Sold It Today at a Huge Loss!

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Why Is Crypto Market Up Today? 5 Key Reasons Behind the Rally

Why Is Crypto Market Up Today? 5 Key Reasons Behind the Rally

The post Why Is Crypto Market Up Today? 5 Key Reasons Behind the Rally appeared on BitcoinEthereumNews.com. The crypto market is rallying today, with Bitcoin climbing
Share
BitcoinEthereumNews2026/03/11 04:47
‘Alien Earth’ Composer Jeff Russo Dives Into Score For FX Series

‘Alien Earth’ Composer Jeff Russo Dives Into Score For FX Series

The post ‘Alien Earth’ Composer Jeff Russo Dives Into Score For FX Series appeared on BitcoinEthereumNews.com. FX’s Alien: Earth — Pictured: Timothy Olyphant as Kirsh. Courtesy of Patrick Brown/FX The following contains certain spoilers for Alien: Earth! When it came time to marry picture and music for FX’s Alien: Earth, series creator Noah Hawley did what he’s done for close to 20 years: call up Jeff Russo. “[He] said, ‘I’m adapting the Alien IP, for television. What do you think, musically?’” Russo recalls over Zoom. “We started talking and I began writing music for it. It seemed like…not a foregone conclusion, but a conversation that was being had.” A founder of Tonic and a previous member of Low Stars, the composer has scored all of Hawley’s film and television projects since The Unusuals (2009). “Everything I’ve learned about making music for storytelling, I learned by doing with him,” Russo adds. “He really knows what he wants. And when you have a confident filmmaker that is also open to artistic collaboration, it’s the best of all the worlds.” The first small screen translation of the nearly 50-year-old franchise known for straddling horror, sci-fi, and action genres, Alien: Earth takes place two years before the events of the 1979 original and nearly six decades before Aliens. “We talk a lot about trying to figure out what the underlying property is making our audience feel,” Russo explains. “Trying to create a unique narrative and way of telling the story, but at the same time, making the audience feel that same feeling. In this case, there’s that feeling of dread. There’s that tense, eerie feeling created with such a deft hand in Alien. And then [came Aliens, which was] such a great action piece. So how are we going to take those two ideas and sort of mix them together, have that be something unique and different, while eliciting the…
Share
BitcoinEthereumNews2025/09/18 07:23
Adoption Leads Traders to Snorter Token

Adoption Leads Traders to Snorter Token

The post Adoption Leads Traders to Snorter Token appeared on BitcoinEthereumNews.com. Largest Bank in Spain Launches Crypto Service: Adoption Leads Traders to Snorter Token Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Leah is a British journalist with a BA in Journalism, Media, and Communications and nearly a decade of content writing experience. Over the last four years, her focus has primarily been on Web3 technologies, driven by her genuine enthusiasm for decentralization and the latest technological advancements. She has contributed to leading crypto and NFT publications – Cointelegraph, Coinbound, Crypto News, NFT Plazas, Bitcolumnist, Techreport, and NFT Lately – which has elevated her to a senior role in crypto journalism. Whether crafting breaking news or in-depth reviews, she strives to engage her readers with the latest insights and information. Her articles often span the hottest cryptos, exchanges, and evolving regulations. As part of her ploy to attract crypto newbies into Web3, she explains even the most complex topics in an easily understandable and engaging way. Further underscoring her dynamic journalism background, she has written for various sectors, including software testing (TEST Magazine), travel (Travel Off Path), and music (Mixmag). When she’s not deep into a crypto rabbit hole, she’s probably island-hopping (with the Galapagos and Hainan being her go-to’s). Or perhaps sketching chalk pencil drawings while listening to the Pixies, her all-time favorite band. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/banco-santander-and-snorter-token-crypto-services/
Share
BitcoinEthereumNews2025/09/17 23:45