Anonymous Whale Transfers $2.45 Million Worth of ONDO to Bybit Exchange

IconCryptoNewsTerminal Staff01 Aug, 2024

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Anonymous Whale Transfers $2.45 Million Worth of ONDO to Bybit Exchange

Anonymous Whale Deposits $2.45 Million in ONDO on Bybit On-chain analyst Whale Detective, ai_9684xtpa, recently disclosed that an "anonymous whale deposited 2.64 million ONDO ($2.45 million) on the Bybit exchange." The whale had previously withdrawn a total of 18.57 million ONDO at an average price of $0.9817 to their wallet between March 26-28. Since then, the whale has been continuously selling their ONDO holdings over the past five months. Currently, the whale holds 9.25 million ONDO ($8.6 million) with an unrealized loss of $440,000. The price of ONDO has been declining since March 2023, and the whale's holdings are now worth significantly less than when they were acquired. Disclaimer: This article is for informational purposes only and should not be construed as financial advice.

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