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Whale Leaving 14 Million in PEPE and BEAM Buys This Altcoin to Heal Wounds! - Coin Bulletin
A crypto whale bought ONDO worth 6.26 million dollars after suffering losses from Pepe (PEPE) and Beam (BEAM) sales.
A crypto whale sold PEPE and BEAM assets, incurring more than 14 million dollars in losses, and then purchased ONDO worth 6.26 million dollars. According to Spot On Chain data, the whale sold all PEPE and BEAM assets in the last 17 hours and shifted to ONDO investments.
The whale spent $9.18 million on 261.6 billion tokens for PEPE, but only made $2.12 million from the sale, resulting in a loss of $7.05 million. Similarly, it spent $11.11 million to buy 531.7 billion BEAM, but earned $4.1 million from the sale and incurred $7.01 million more in losses.
After these great losses, the whale bought 5.35 million ONDO by spending 6.26 million DAI. This was the whale's first investment in ONDO. While the performance of ONDO in the future is wondered, this significant investment attracted attention in the markets.