A whale continues accumulating ONDO while still underwater, dumps QNT at a $20,000 loss

Arkham monitoring shows that the whale address 0xfAb is currently sitting on nearly $400,000 in unrealized losses across its ONDO and LINK spot positions. The address began accumulating ONDO in tranches starting roughly one year ago, with an average entry price of $0.55. Historical trade records indicate it fully exited its QNT position about one month ago, realizing a loss of approximately $20,000. Its total invested capital stands at around $1.5 million, while the current portfolio value is approximately $1.1 million.