Whale action, ONDO becomes the "darling" again! $7.87 million crazy buyback, what is the intention?
On December 29, according to on-chain monitoring, a certain whale spent a total of $7.87 million from 5 addresses to buy back ONDO, interestingly, this guy had just emptied all his ONDO holdings 7 days ago. The specific operations are as follows:
Wallet 1: spent 2.46 million USDT to buy 1.64 million ONDO; Wallet 2: spent 1.86 million USDT to buy 1.19 million ONDO; Wallet 3: spent 1.44 million USDT to buy 935,000 ONDO; Wallet 4: spent 1.28 million USDT to buy 873,000 ONDO; Wallet 5: spent 824,000 USDT to buy 570,000 ONDO.
In just one week, from clearing out to madly sweeping up, the whale's actions are astonishing. Is this repeated jumping aimed at targeting oversold chips, or is there a deeper strategy at play? This capital game of ONDO may have just begun.
Want to know how the whale will play next? Follow Lao Lin, and I will keep you updated on the flow of capital, allowing you to layout and seize opportunities in advance!
