Cryptocurrency whales are making significant profits by trading Real-World Assets (RWA) such as ONDO and LINK. These assets have seen price surges of 52% and 35% today, suggesting strategic trading behavior from the whales. One whale, identified as "0x992," deposited 500,736 ONDO tokens into Coinbase, earning a profit of $294,000. Another pair of whales, "0x74F" and "0x9B3," traded 352,417 LINK tokens on Kraken, earning a profit of $4.06 million after a 2-year holding period. These transactions demonstrate the whales' ability to leverage market conditions and capitalize on long-term trends. The actions of these whales highlight the growing interest and confidence in RWA and provide valuable insights for cryptocurrency traders.
- Content Editor ( blockchainreporter.net )
- 2024-12-04
Whales Profit from Real-World Assets (RWA)