According to onchain data, a cryptocurrency whale may have panicked in the cryptocurrency market after two days of volatility.
According to on-chain data provided by Lookonchain, a crypto whale sold off a total of 14 million dollars in Pepe (PEPE) and Beam (BEAM) tokens after suffering losses, and bought Ondo (ONDO) tokens worth 6.26 million dollars.
This crypto whale had previously purchased 261.6 billion PEPE tokens by spending a total of 9.18 million dollars. In the current situation, the whale sold these assets today for 2.12 million dollars, resulting in a total loss of 7.05 million dollars.
On the other hand, this whale had previously spent 11.11 million dollars in its transactions to buy 531.7 billion BEAM tokens. As of today, the whale wallet has completely sold these tokens and incurred a total loss of 7.01 million dollars by making 4.1 million dollars.
After the sales, it is seen that the whale purchased 5.35 million ONDO tokens using 6.26 million dollars of DAI stablecoin in on-chain transactions.
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