Prosperous Trading of Cryptocurrency Whales on June 17
Major Shift in the Cryptocurrency Market
On June 17, a notable transaction was recorded by Onchain Lens analysts. A cryptocurrency whale executed a strategic move. They exchanged 2.69 million ONDO for 2.13 million USDT. The value of each ONDO unit during the trade reached $0.788. This transaction not only reflects the whale's reasonable profit-taking strategy but also indicates positive sentiment within the larger investment community. In less than 3 months of holding, they have earned approximately $123,000 in profit, demonstrating the ability to accurately predict the movements of the cryptocurrency market.
Strategic Trading Analysis and Market Impact
Selling at this price level indicates that whales are taking advantage of fluctuations to maximize profits. This is a sign of positive sentiment among whales in the current phase. This transaction helps reinforce confidence in the upward trend of ONDO, while also creating a wave of positive news across blockchain platforms. Retail investors may view this as a signal to consider appropriate buying and selling strategies. The cryptocurrency market continues to witness strategic actions from whales, reflecting a meticulous level of distribution and accumulation in establishing a long-term upward wave.
Source: https://tintucbitcoin.com/ca-map-tieu-269-trieu-ondo-loi-nhuan-12-ty-usd/
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