PANews reported on August 1 that according to monitoring by on-chain analyst @ai_9684xtpa, the whale that held a heavy position of US$17.28 million in ONDO in March this year reduced its position again after a month.

From March 26 to March 28, the whale withdrew 18.57 million ONDO at an average price of $0.9817. It reduced its holdings in batches over the next five months. The most recent one was a deposit of 2.64 million ONDOs, or about $2.45 million, to Bybit two hours ago.

It currently still holds 9.25 million tokens with a total value of US$8.6 million, distributed in four addresses, with a cumulative floating loss of US$440,000.