Whale Closes ONDO Trade with $847K (+170%) Profit After 7 Months

A whale with the address 0x0be55326919f08af4d14a42aafb3b68f95738355 recently closed a profitable ONDO trade, earning a significant $847K (+170%) after holding for 7 months.

Key details of the trade include:

The whale sold the remaining 1M ONDO for 570,533 USDC at a price of $0.57.Initially, the whale withdrew 2.165M ONDO from Bybit at $0.231 (total cost: $499K) on January 24, 2024.

The whale sold the ONDO tokens between August 5 and September 7, 2024, at an average price of $0.822, generating a total of 1.346M USDC and resulting in an estimated profit of $847K.

Despite this successful ONDO trade, the whale previously incurred losses of $1.29M trading SNX and SYN.


#ONDO‬⁩ $ONDO