Whale’s $14M Loss Signals Bold Bet on ONDO Amid Market Shifts

• A crypto whale lost $14M on PEPE and BEAM but reinvested in ONDO, signaling confidence in its future growth.
• ONDO’s link to Trump’s World Liberty Financial portfolio and US Crypto Reserve speculation adds to its bullish narrative.
• A breakout above $1.15 confirms bullish momentum, with key resistance at $1.30 and potential upside toward $1.50.

A crypto whale suffered a $14 million loss after offloading PEPE and BEAM, shifting its focus to ONDO. According to Spot On Chain , the investor sold 531.7 billion PEPE for 4.1 million DAI, incurring a 63% loss in three months. Similarly, 261.6 million BEAM was sold for 2.13 million DAI, reflecting a 77% decline. However, the whale reinvested 6.26 million DAI into 5.35 million ONDO, marking its first exposure to the asset.

ONDO’s Strategic Appeal

ONDO is gaining attention as it aligns with Donald Trump’s World Liberty Financial portfolio . The recent launch of the US Crypto Reserve, which includes BTC, ETH, SOL, XRP, and ADA, has fueled speculation that ONDO could be added next. This possibility may have influenced the whale’s decision to enter the token.

Besides, ONDO’s technical setup indicates strong demand. A descending wedge pattern had formed, with prices declining from a $2.50 high. Buyers stepped in near the $0.94 support level, triggering a breakout beyond the upper trendline. This breakout signals a potential bullish reversal, reinforcing investor confidence in ONDO’s long-term potential.

Bullish Breakout and Future Outlook

ONDO’s recent price movement pushed higher above the $1.15, validating upside momentum. A key resistance level now stands at $1.30, with additional room to the upside towards $1.50. On a retracement, the $1.00 psychological level can provide strong support.

Moreover, traders are closely watching the volume and market sentiment. The continuance of the bullish trend may be confirmed by a retest of the broken trendline. ONDO is a crucial asset to keep an eye on this season since it could replicate SOL’s rapid 2021 cycle if buying pressure persists.