New ONDO Investment by Crypto Whale Drives Price Up by Over 9%

Saturday, 18 May 2024, 09:23

A $5.7 million investment in ONDO by a crypto whale led to a significant 9% price surge, with ONDO's price nearing an all-time high. The purchase and subsequent price increase have garnered attention in the crypto community, raising questions about the potential reasons behind the whale's investment strategy.
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New ONDO Investment by Crypto Whale Drives Price Up by Over 9%

The Impact of Crypto Whale's Investment in ONDO

A $5.7 million investment by a crypto whale in ONDO tokens resulted in a 9% price surge, bringing the token close to its all-time high. The transaction has captured the interest of the crypto community and raised speculation about possible insider knowledge.

ONDO's Price Performance

  • Interesting Entry Price: The whale bought ONDO at an average price of $0.95, higher than the anticipated range of $0.40 to $0.70.
  • Price Surge: Following the purchase, ONDO's price surpassed $1, reaching as high as $1.04, close to its all-time high of $1.05.
  • Current Trading Price: ONDO is currently trading at $1.03, reflecting a 9.9% increase in the last 24 hours and a 26.3% rise in the past week.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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