March 4, 2025
Cryptocite made a bet of $ 6 million on token RWA platform Ondo Finance thumbnail
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Cryptocite made a bet of $ 6 million on token RWA platform Ondo Finance

The anonymous investor got rid of Pepe and Beam tokens, having suffered total losses of more than $ 14 million. He then directed $ 6.26 million to buy 5.35 million Ondo, paid attention to Spot on Chain. A WHALE DITCHED ALL OF ITS $ PEPE AND $ BEAM AT A $ 14M LOSS FOR $ ONDO —SHIFTING ITS BETS! Over The Past 17 Hours, WHALE “0X655”: • SOLD 531.7B $ Pepe For […]”, – WRITE: Businessua.com.ua

Cryptocite made a bet of $ 6 million on token RWA platform Ondo Finance - Infbusiness

The anonymous investor got rid of Pepe and Beam tokens, having suffered total losses of more than $ 14 million. He then directed $ 6.26 million to buy 5.35 million Ondo, They paid attention to Spot on Chain.

A WHALE DITCHED ALL OF ITS $ PEPE AND $ BEAM AT A $ 14M LOSS FOR $ ONDO —SHIFTING ITS BETS!

Over The Past 17 Hours, whale “0x655”:

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– Spot on Chain (@spotonchain) March 3, 2025

The whale sold 531.7 billion PEPE for $ 4.1 million in DAI stabin after three months of asset retention. During this time, popular meme coin depreciated by 63%.

The 261.6 million Beam for $ 2.13 million in DAI was 77% of the initial investment.

The analytical service noted that the user first added to the portfolio position in Ondo Finance tokens. At the time of writing, it is dominant at $ 10.18 million in total asset balance.

Cryptocite made a bet of $ 6 million on token RWA platform Ondo Finance - Infbusiness

Source: Spot on Chain.

“Interestingly, Ondo is part of the World Liberty Financial portfolio President Donald Trump. Just yesterday, he announced the creation of a US cryptore, which will include bitcoins, ETH, SOL, XRP, ADA and “other valuable cryptocurrencies”, “experts emphasized.

The affiliate with Trump’s family Kryptoprorect owns 361 464 Ondo worth $ 419 298.

Ondo Finance develops a defi platform for tokenization of real-world assets (RWA), including US Treasury bonds, bonds and other securities.

According to Fortune, the project was hired by the exogressman Patrick McGenri as the Deputy Chairman of the Advisory Board. The Republican politician headed the House of Representatives House of Financial Services. He was distinguished by his cryptocurrency, playing a leading role in promoting drafts on steiblcoins and Fit21.

Recall that in February, the Ondo Finance platform joined the Multi-Token Network blockchain from Mastercard.

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