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Whale Sells ONDO, WLD, FET, ARKM on Binance After Year-Long Hold

A whale address liquidated several tokens on Binance, realizing losses surpassing $4 million after holding them for more than a year, Onchain Lens data shows.

ONDO
FET
WLD

Summary

Onchain Lens data reveals that a whale address deposited ONDO, WLD, FET, and ARKM tokens to Binance after over a year of holding. The sale led to total realized losses exceeding $4 million, with WLD, FET, and ARKM each incurring losses over $1 million.

Terms & Concepts
  • Whale: An individual or entity holding large amounts of a specific cryptocurrency, often capable of influencing market movements.
  • Realized Loss: The actual financial loss recorded when an asset is sold for less than its purchase price.
  • Onchain Data: Information extracted directly from blockchain activity, detailing transactions, balances, and other address-level activity.