Whale Acquires 10 Million ONDO Tokens Amid Market Correction

Whale在市場調整中收購1000萬ONDO代幣

ONDO price has retreated to $1.47 today following a prolonged bull run that culminated in its all-time high (ATH) last week.

在上週創下歷史新高 (ATH) 的長期牛市之後，ONDO 價格今天回落至 1.47 美元。

The broader cryptocurrency market has witnessed a cooling in enthusiasm as Bitcoin has settled within its $95,000 - $96,500 price range. Major altcoins, including Ethereum, XRP, Solana, BNB, Cardano, and Dogecoin, have also experienced a slowdown in price appreciation in the past 24 hours. Consequently, the total market capitalization for cryptocurrencies has declined by over 5%, reaching $3.43 trillion.

隨著比特幣價格穩定在 95,000 美元至 96,500 美元之間，更廣泛的加密貨幣市場的熱情有所降溫。主要山寨幣，包括以太幣、XRP、Solana、BNB、卡爾達諾和狗狗幣，過去 24 小時價格升值也放緩。因此，加密貨幣的總市值下降了 5% 以上，達到 3.43 兆美元。

According to data from Coinglass, liquidations amounting to $1.7 billion were recorded over the past 24 hours, with approximately $564 million in losses for small-cap cryptocurrencies. December 10th will be remembered for the significant volume of liquidations that occurred. Ondo Finance's price has also entered a downtrend, following the pattern of several altcoins.

Coinglass 的數據顯示，過去 24 小時內的清算金額達 17 億美元，其中小型加密貨幣損失約 5.64 億美元。 12 月 10 日將因發生大量清算而被銘記。 Ondo Finance 的價格也跟著幾種山寨幣的模式進入下跌趨勢。

Market downturns and price declines typically evoke feelings of fear and panic among some traders, prompting them to sell out of their positions. However, experienced investors and whales often seize these opportunities to acquire cryptocurrencies at discounted prices, driven by their belief in their future growth potential. In line with this strategy, a whale has recently purchased over 10 million ONDO tokens in less than half a day.

市場低迷和價格下跌通常會引起一些交易者的恐懼和恐慌，促使他們拋售部位。然而，經驗豐富的投資者和鯨魚經常抓住這些機會以折扣價購買加密貨幣，因為他們相信加密貨幣的未來成長潛力。根據這項策略，鯨魚最近在不到半天的時間內購買了超過 1000 萬個 ONDO 代幣。

10 Million ONDO Purchase in 12 Hours

12小時內購買1000萬ONDO

According to data from Spot On Chain, an on-chain analysis platform, a new crypto wallet was created approximately 14 hours ago and engaged in a substantial purchase of ONDO tokens. The data suggests that the whale spent 4,611 ETH (worth over $17.1 million) to acquire 10.978 million ONDO tokens at an average price of $1.553, amidst the market downturn.

根據鏈上分析平台 Spot On Chain 的數據，大約 14 小時前創建了一個新的加密錢包，並大量購買 ONDO 代幣。數據顯示，在市場低迷的情況下，鯨魚花費了 4,611 ETH（價值超過 1,710 萬美元）以平均價格 1.553 美元購買了 1,097.8 萬個 ONDO 代幣。

ONDO Token Weekly Price

ONDO 代幣每週價格

The price of ONDO has been on an upward trajectory since November and accelerated at the beginning of this month, ultimately reaching its ATH of $1.95, initially attained earlier this year. However, ONDO is currently trading at around $1.55, experiencing a drop of approximately 4% in the past 24 hours. Despite a 4% reduction in its market cap, trading volume has increased by a notable 138%.

ONDO 的價格自 11 月以來一直呈上升趨勢，並在本月初加速上漲，最終達到今年稍早首次達到的 1.95 美元的最高峰值。然而，ONDO 目前的交易價格約為 1.55 美元，在過去 24 小時內下跌了約 4%。儘管市值下降了 4%，但交易量卻顯著增加了 138%。

The significant purchase of over 10 million ONDO tokens by the whale and the notable 138% rise in trading volume suggest the potential for a future price upswing. Ondo Finance has established a devoted community and gained support from Blackrock, solidifying its position as a promising RWA crypto initiative.

鯨魚大量購買了超過 1000 萬個 ONDO 代幣，交易量顯著增長 138%，顯示未來價格上漲的潛力。 Ondo Finance 建立了一個專門的社區，並獲得了 Blackrock 的支持，鞏固了其作為有前景的 RWA 加密貨幣計劃的地位。

Considering these factors, analysts anticipate a positive trend for Ondo Finance. Should ONDO's market price resume its upward movement, it is likely to reclaim its ATH value in the near future.

考慮到這些因素，分析師預計 Ondo Finance 將呈現正面趨勢。如果 ONDO 的市場價格恢復上漲，它可能會在不久的將來恢復其 ATH 價值。