Massive Whale Shift: $14M Lost on PEPE & BEAM, $6.26M Bet on ONDO – What’s the Strategy?
A large investor paid $14M in losses before moving $6.26M into ONDO which indicates strong faith in its future potential. The price movement of ONDO exceeding PEPE and BEAM by 3.5% and 3.6% indicates strong market momentum for ONDO. Investment moves by a whale suggest weakening belief in PEPE & BEAM cryptocurrencies but suggest increasing interest in ONDO.
- A large investor paid $14M in losses before moving $6.26M into ONDO which indicates strong faith in its future potential.
- The price movement of ONDO exceeding PEPE and BEAM by 3.5% and 3.6% indicates strong market momentum for ONDO.
- Investment moves by a whale suggest weakening belief in PEPE & BEAM cryptocurrencies but suggest increasing interest in ONDO.
A crypto whale recently made significant moves in the market, incurring losses exceeding $14 million before shifting funds into $ONDO. The transactions, which involved large holdings of $PEPE and $BEAM, indicate potential strategic shifts or market reactions that traders are closely monitoring.
The whale originally spent $9.18 million to acquire 261.6 billion $PEPE tokens. The same $PEPE holdings were later sold for $2.12 million, resulting in a loss of $7.05 million. In a similar pattern, the whale invested $11.11 million into 531.7 billion $BEAM tokens. The $BEAM holdings were then liquidated for $4.1 million, marking an additional loss of $7.01 million. After taking these heavy losses, the whale purchased 5.35 million $ONDO for $6.26 million using $DAI stablecoin.
Whale Bets Big on ONDO Despite Losses – Bold or Risky?
This whale is clearly betting big on ONDO now, even after getting burned badly on their previous picks. It’s a pretty bold move that shows they might have strong conviction about ONDO’s potential. Currently, ONDO is up 9.65% today, trading around $1.10, while PEPE and BEAM have shown more modest gains of 6.2% and 5.7% respectively.

Source: CoinmarketCap
Looking at this whale’s movement, they might be onto something with ONDO. The whale’s willingness to take such massive losses on PEPE and BEAM to pivot to ONDO suggests they see much higher upside potential here, despite the already larger market cap.
Market Implications and Possible Trends
The whale’s decision to exit $PEPE and $BEAM at a steep loss suggests a lack of confidence in these assets, possibly due to declining market trends or a strategic portfolio rebalancing. Such large-scale selling could exert downward pressure on both $PEPE and $BEAM prices in the short term, prompting other investors to reconsider their positions.
The shift into $ONDO with $6.26 million indicates a renewed confidence in this asset. ONDO’s recent performance and market sentiment could suggest potential growth or upcoming catalysts that the whale anticipates.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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