Oct 21, 16:22
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Whale sold $1.25M worth of ONDO at loss after only 3 days
Outflow
Related addresses
Total tokens transferred
1.645M
ONDO
1.254M
USDT
Whale 0x86d sold all 1.645M ONDO from the second ONDO trade for 1.254M USDT at a losing average price of $0.762 on average in the past 22 minutes:
Notably, the whale spent 1.299M USDT to buy those ONDO tokens at $0.79 on average on October 18, 2024. With the above sales, the whale took a $45.1K loss (-3.47%) from ONDO again after only 3 days.
Overall, the whale suffered an estimated total loss of $1.03M (-28.6%) from ONDO with a loss rate of 100%, mostly driven by the big loss of $988K (-42.7%) from the first ONDO trade. In the first trade, the whale spent 593.2 ETH (then $2.31M) to buy 1.779M ONDO at $1.299 on average on May 27 and 28, 2024, and then sold all for 396 ETH and 275,465 USDT (total: $1.32M) at $0.744 on average on October 15, 2024.
Fig 1. The overall ONDO trading history of Whale 0x86d.