• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Whale's $3.54M Loss on $ONDO Sale: Panic or Strategy?

user avatar

by Giorgi Kostiuk

a year ago


In a major transaction, a whale sold 10.978 million $ONDO, incurring a $3.54 million loss, raising questions about strategic market handling during volatility.

The $ONDO Transaction Story

The whale initially acquired 10.978 million $ONDO using 4,611 ETH, with the average price at $1.553 per token. The decision to sell all tokens today at an average price of $1.237 led to substantial financial losses.

Market Reaction and Community

The sale increased pressure on $ONDO, lowering its price and sparking debate among crypto enthusiasts. Some view the move as panic selling, while others perceive it as prudent risk management.

Lessons and Risks in Crypto Market

The situation underscores the high volatility of the crypto market, highlighting the need for careful planning and risk management. The whale's losses serve as a reminder of the unpredictability of crypto investments.

The whale's decision to sell $ONDO tokens resulting in a $3.54 million loss highlights the swift nature of potential losses. This acts as a cautionary tale for traders and investors, emphasizing the importance of a strategic approach and comprehensive analysis.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Memecores M Price Surges After Significant Crash

chest

Memecores M price has surged by 848% in daily charts and 934% in weekly charts after a 75% crash, raising questions about the legitimacy of the rally.

user avatarMaya Lundqvist

Solana dApps Generate $257 Million in Revenue in Q2 2026

chest

Solana dApps generated $257 million in revenue in Q2 2026, leading Layer 1 and Layer 2 networks.

user avatarLeo van der Veen

Surge in Solana's Meme Coin Activity Signals Speculative Heat

chest

Surge in Solana's daily token creation to an 80-day high indicates renewed speculative trading, driven by meme coin launch programs and increased activity on Raydium.

user avatarLi Weicheng

Sui Foundation Partners with Paga to Explore Tokenized Assets in Africa

chest

Sui Foundation has partnered with Paga to explore tokenized real-world assets and blockchain financial tools in Africa.

user avatarAisha Farooq

Bitcoin Standard Treasurys Merger Vote Delayed to July 2026

chest

The merger vote between Bitcoin Standard Treasurys and Cantor Equity Partners has been postponed to July 10, 2026.

user avatarTenzin Dorje

BNB Beacon Chain Migration Enters Phase 3 with Self-Service Recovery Tool

chest

The BNB Beacon Chain migration has progressed to Phase 3, introducing a self-service recovery tool for users with BEP2 and BEP8 tokens.

user avatarBayarjavkhlan Ganbaatar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.