A certain whale 1011 held a heavy position of 6.28 million USD LINK before the flash crash, suffering a loss of 1.096 million USD.

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On October 23, according to on-chain analyst Ai Yi (@ai_9684xtpa), the address 0xCEd…837b9 heavily positioned $6.28 million LINK before the flash crash at 1011, and after holding for two weeks, cut losses and exited with 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 crashed to $7.9, causing a 63% reduction in assets. When cutting losses two hours ago at an average price of $17.55, it was still a loss of 18%.

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