A recent whale activity has raised speculation across the crypto community

As per SpotOnChain, a crypto whale has dumped $BEAM and $PEPE tokens to purchase $ONDO. Nonetheless, in this crypto offloading for $ONDO, the whale has reportedly incurred a significant loss of $14M.

A recent activity by a crypto whale has sparked speculation across the community. As per SpotOnChain, the whale ditched all of its $BEAM and $PEPE at a $14M loss for $ONDO—shifting its bets!

This move marks the beginning of crucial market developments.

Prominent on-chain analytics provider SpotOnChain has identified that whale "0x655" liquidated crypto holdings in $BEAM and $PEPE tokens to purchase $ONDO. However, the whale experienced a staggering loss of up to $14M during this activity.

Over the past 17 hours, the whale sold 261.6M $BEAM for $2.13M in $DAI. This move resulted in a massive loss of $7.13M (-77%).

On the other hand, the whale sold 531.7B $PEPE for $4.1M in $DAI. This move resulted in a 63% loss, equaling $6.9M in value.

Irrespective of these enormous losses, the whale rapidly invested the retrieved amount in $ONDO.

In this respect, the whale bought 5.35M $ONDO tokens for almost $6.26M $DAO. This $ONDO purchase bodes well in terms of timing, raising notable speculation. $ONDO is a noteworthy token in the World Liberty Financial portfolio of U.S. President Donald Trump.

According to SpotOnChain, Trump has recently announced the inclusion of $ADA, $XRP, $SOL, $ETH, $BTC, and other viable crypto assets in the US Crypto Reserve. Hence, the latest $ONDO investment by the whale might be a strategic move keeping in view $ONDO’s potential inclusion in the reserve. Meanwhile, the market onlookers keep watching for likely signals of a noteworthy market shift concerning $ONDO.