AN OLD $ONDO HOLDER JUST MOVED $4.47M TO OKX.
A wallet that’s been around for over a year may be preparing to cash out a big chunk of its #ONDO holdings.
The wallet linked to mcaavebank.eth deposited 9 million ONDO, worth roughly $4.47M, to OKX about 7 hours ago. The deposit price was around $0.4963 per token.
Here’s the interesting part: this wallet had previously been providing liquidity on Uniswap, and #ondo was trading around $0.70–$1.30 a year ago.
So, is this holder selling at a loss? 🤔 Hard to say. The original purchase price isn’t known, so we can’t tell for sure whether this move locks in a loss or a profit.
Address: 0xF14E82321d951aE633c2f3d9bEC5e3253e835b1D
A wallet that’s been around for over a year may be preparing to cash out a big chunk of its #ONDO holdings.
The wallet linked to mcaavebank.eth deposited 9 million ONDO, worth roughly $4.47M, to OKX about 7 hours ago. The deposit price was around $0.4963 per token.
Here’s the interesting part: this wallet had previously been providing liquidity on Uniswap, and #ondo was trading around $0.70–$1.30 a year ago.
So, is this holder selling at a loss? 🤔 Hard to say. The original purchase price isn’t known, so we can’t tell for sure whether this move locks in a loss or a profit.
Address: 0xF14E82321d951aE633c2f3d9bEC5e3253e835b1D