According to cryptocurrency onchain data, a giant crypto whale appears to have conceded defeat and given up after remaining in an altcoin for a long time.
According to the data, the whale in question sold all his remaining ONDO tokens for $1.72 million a few hours ago. The average sales price was $0.76.
Remarkably, this whale had previously purchased 2.28 million ONDO tokens at an average price of $1.39, paying 843.9 ETH. With the sales it has made so far, the whale has no more of this altcoin. With the average sales of $0.76 today and October 4, this giant whale lost $1.48 million in a period of 3.5 months. So, proportionally, the whale’s total loss was 46%.
At the time of writing this article, ONDO price continues to hover around $0.76, which is the level where the whale sold. While there was a 2.55% increase in the last week, the price of the altcoin gained 11% in the last month.
ONDO, a real-world assets (RWA)-themed altcoin in the Ethereum ecosystem, has benefited from the hype experienced by RWA-themed altcoins and is up 355% in the last year.
*This is not investment advice.
For exclusive news, analysis and on-chain data Telegram our group, Twitter our account and Youtube Follow our channel now! Moreover Android ve IOS Start live price monitoring now by downloading our applications!
Source: https://www.bitcoinsistemi.com/devasa-altcoin-balinasi-artik-vazgecti-bu-altcoinin-tamamini-satti/
