Whale Investor Dumps $PEPE and $BEAM to Bet on Donald Trump's $ONDO

In a monumental move in the world of cryptocurrency, a whale investor has switched their major bets, completely divesting from two major tokens

A cryptocurrency whale has made a major move, shifting its bets out of two tokens and into a relatively new asset.

Whale ‘0x655’ has in the last 17 hours executed a half-million dollar divestment from $BEAM and a half-million dollar buy of $ONDO.

Why might the whale be making such a move? One clue may come from the apparent recent interest in $ONDO from the crypto community.

Whale’s Move: Massive Losses and a New Bet on $ONDO

In a sequence of trades that may indicate a major shift in investment approach, whale ‘0x655’ offloaded large portions of $PEPE and $BEAM tokens, both of which have lately been having a tough time in the market.

The whale first liquidated a massive 531.7 billion $PEPE tokens for a paltry 4.1 million $DAI, realizing a loss of $6.9 million—a 63% drop in value after just three months of holding.

After that, the whale unloaded 261.6 million $BEAM tokens for 2.13 million $DAI, taking an even larger loss of $7.13 million. The loss here is more pronounced (77%) after holding $BEAM for nearly three months.

Having cleared up the two big positions, the whale moved on to a new investment. It spent 6.26 million $DAI to buy 5.35 million $ONDO, marking its entry into the market with this token for the first time.

What’s Behind the $ONDO Purchase? The Trump Connection

While the whale’s shift to $ONDO may seem like just another speculative move, there’s an interesting twist: $ONDO is part of former President Donald Trump’s World Liberty Financial portfolio. This is a significant development, as it links $ONDO to the growing presence of high-profile figures in the cryptocurrency space.

Recently, Trump made headlines with the announcement of the US Crypto Reserve, which includes major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), and Cardano (ADA). The inclusion of these high-profile assets has sparked discussions about what other cryptocurrencies might be considered valuable enough to join the reserve in the future.

Some investors and analysts are speculating that $ONDO could be next on the list of cryptocurrencies to be included in the reserve. After a significant loss on $PEPE and $BEAM, the whale’s decision to enter $ONDO now can’t help but make us think it sees potential in the token being part of a larger institutional and governmental push. If $ONDO were to be added to the US Crypto Reserve, its value could very well skyrocket.

The timing of the whale’s move is certainly curious. While the broader cryptocurrency market fluctuates, certain tokens—especially those associated with high-profile figures—can experience sharp price movements when adoption by institutional or governmental bodies is rumored or announced.

The whale’s decision to bet on $ONDO, while taking big hits on $PEPE and $BEAM, suggests that it’s looking beyond the short-term. If these losses are even real, the whale is, for now, a long-term bull on $ONDO.

Speculation and Strategy: What’s Next for $ONDO?

The future of $ONDO is uncertain at this point. The whale’s investment could be driven by the belief that soon $ONDO might be included in the US Crypto Reserve. Yet, there is no specific reason to believe that this is a done deal. More likely, as attention increases on $ONDO, the token will continue to catch the fancy of retail and institutional investors.

The choice to move from $PEPE and $BEAM to $ONDO may also mirror larger market trends, with investors diversifying into tokens backed by institutions or the prospect of future integration into big finance. If $ONDO continues to gain traction and if its relationship to Trump’s World Liberty Financial portfolio grows, we could see significant interest in it. And that interest could push the price up.

Finally, the gigantic sea mammal appears to have undergone an investment makeover, transitioning from stake-holding in $PEPE and $BEAM to a significant investment in $ONDO. Most clear, the market whale’s switcheroo could signal shifting sentiment toward $ONDO. Whether or not $ONDO follows in the footsteps of major reserve-digital-assets-like $BTC, $ETH, and $XRP, which the US government has classified as safe to store for its national cryptocurrency reserve, is anyone’s guess.