Whale Acquires 10 Million ONDO Tokens Amid Market Correction

Whale在市场调整中收购1000万ONDO代币

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

在上周创下历史新高 (ATH) 的长期牛市之后，ONDO 价格今天回落至 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.

随着比特币价格稳定在 95,000 美元至 96,500 美元之间，更广泛的加密货币市场的热情有所降温。主要山寨币，包括以太坊、XRP、Solana、BNB、卡尔达诺和狗狗币，在过去 24 小时内价格升值也放缓。因此，加密货币的总市值下降了 5% 以上，达到 3.43 万亿美元。

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 的数据显示，过去 24 小时内的清算金额达 17 亿美元，其中小盘加密货币损失约 5.64 亿美元。 12 月 10 日将因发生大量清算而被铭记。 Ondo Finance 的价格也跟随几种山寨币的模式进入下跌趋势。

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.

市场低迷和价格下跌通常会引起一些交易者的恐惧和恐慌，促使他们抛售头寸。然而，经验丰富的投资者和鲸鱼经常抓住这些机会以折扣价购买加密货币，因为他们相信加密货币的未来增长潜力。根据这一策略，鲸鱼最近在不到半天的时间内购买了超过 1000 万个 ONDO 代币。

10 Million ONDO Purchase in 12 Hours

12小时内购买1000万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.

根据链上分析平台 Spot On Chain 的数据，大约 14 小时前创建了一个新的加密钱包，并大量购买 ONDO 代币。数据显示，在市场低迷的情况下，鲸鱼花费了 4,611 ETH（价值超过 1710 万美元）以平均价格 1.553 美元购买了 1097.8 万个 ONDO 代币。

ONDO Token Weekly Price

ONDO 代币每周价格

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 的价格自 11 月以来一直呈上升趋势，并在本月初加速上涨，最终达到今年早些时候首次达到的 1.95 美元的最高峰值。然而，ONDO 目前的交易价格约为 1.55 美元，在过去 24 小时内下跌了约 4%。尽管市值下降了 4%，但交易量却显着增加了 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.

鲸鱼大量购买了超过 1000 万个 ONDO 代币，交易量显着增长 138%，表明未来价格上涨的潜力。 Ondo Finance 建立了一个专门的社区，并获得了 Blackrock 的支持，巩固了其作为有前景的 RWA 加密货币计划的地位。

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.

考虑到这些因素，分析师预计 Ondo Finance 将呈现积极趋势。如果 ONDO 的市场价格恢复上涨，它可能会在不久的将来恢复其 ATH 价值。