Whale strikes again, ONDO becomes the "favorite"! $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 across 5 addresses to buy back ONDO, interestingly, this guy just cleared all his ONDO holdings 7 days ago. The specific operations are as follows:
Wallet 1: spent 2.46 million USDT, bought 1.64 million ONDO; Wallet 2: spent 1.86 million USDT, bought 1.19 million ONDO; Wallet 3: spent 1.44 million USDT, bought 935,000 ONDO; Wallet 4: spent 1.28 million USDT, bought 873,000 ONDO; Wallet 5: spent 824,000 USDT, bought 570,000 ONDO.
In just a week, from clearing positions to frantically buying, the whale's operations are astonishing. Is this back-and-forth just to snipe oversold chips, or is there a deeper logic at play? Perhaps ONDO's capital game has just begun.
Want to know how the whale plays next? Follow Lao Lin to keep up with the flow of funds and seize the opportunity in advance!
