Address holding for over a year suspected of liquidating 9 million ONDO tokens worth approximately $4.47 million
On October 9, according to on-chain analyst Ai Yi (@ai_9684xtpa), the address mcaavebank.eth deposited 9 million ONDO tokens to OKX six hours ago at a deposit price of $0.4963, valued at approximately $4.47 million. The address had previously served as a liquidity provider (LP) on Uniswap for an extended period. One year ago, the ONDO token price ranged between $0.7 and $1.3. This sale occurred at a price below the cost basis, suggesting an exit at a loss.