Whale 0x0af dumped all 10.978M ONDO for 13.58M USDC at a losing average price of $1.237 in the past 12 hours:

• address: 0x0afb823319994e2add29e6b39c43127e38028930

This marked the end of the whale's first ONDO trade with an estimated loss of $3.54M (-20.7%) in just 38 days:

• spent 4,611 ETH ($17.1M) to buy 10.978M ONDO at an average price of $1.553 on December 9, 2024;
• sold all tokens for 13.58M USDC at an average price of $1.237 on January 17, 2025.

Notably, Ondo Finance is expected to unlock 1.94B ONDO (now worth $2.42B), or 134.2% of the circulating supply, on January 18, 2025. It seems that the whale tried to sell ONDO before the massive unlock happens!

Fig 1. Whale 0x0af dumped all 10.978M ONDO ($13.58M) in the past 12 hours.

Fig 2. The overall ONDO trading history of Whale 0x0af.

Fig 3. Ondo Finance is expected to unlock 134.2% of the circulating supply, on January 18, 2025.