Whales Are Snapping Up Real-World Asset Crypto Project: Lookonchain
Big players in the crypto space are accumulating a trending altcoin focused on tokenizing real-world assets (RWAs), as shown by activity on the blockchain tracker Lookonchain. Whales are making significant moves in the market, withdrawing millions of ONDO tokens, the native token of Ondo Finance, from popular crypto exchanges like Bybit and Gate.io.
Whales on the Move ๐
- One whale withdrew 6.53 million ONDO tokens from Bybit in the last month, totaling over $6 million in value.
- Another whale took out 1.98 million ONDO from Gate.io, worth almost $1.83 million, within just one hour.
- A third whale withdrew 937,600 ONDO from Gate.io, amounting to $864,867.
ONDO Performance ๐
- As of now, ONDO is trading at $0.922, with a remarkable 8% increase in the last 24 hours and a staggering 124% surge in the past week.
- The token hit a new all-time high of $0.9702 on Monday, according to CoinGecko.
Ethereum Whale Activity ๐
- In a separate move, a whale deposited 11,275 Ethereum (ETH) valued at $37.4 million into Binance over the weekend at a loss of around $500,000. The whale then strategically bought back into ETH after its price rose.
Exciting Developments ๐
Ondo Finance is pioneering institutional-grade financial services using public blockchain technology. By tokenizing RWAs and developing innovative financial protocols, Ondo Finance is changing the game in the crypto space.
Hot Take: Dive into the Action!
Get in the game and stay ahead of the curve with this red-hot crypto project thatโs catching the attention of big players. Follow the whales and see where the market is moving next!
Daisy Hodley emerges as a luminary blending the roles of crypto analyst, devoted researcher, and editorial virtuoso into a harmonious symphony. In the realm of digital currencies, Daisy’s insights resonate with an exquisite resonance across a diverse spectrum of minds. Her adeptness in decoding intricate threads of crypto complexities seamlessly intertwines with her editorial finesse, translating intricacy into a captivating melody of understanding.