A whale has been continuously adding to its ONDO position for a year but remains underwater, and cut losses on QNT a month ago for another $20,000 loss

Odaily report: According to Arkham monitoring, a whale address 0xfAb currently has unrealized losses of nearly $400,000 on its spot ONDO and LINK positions. The whale began buying ONDO about a year ago and continued to add to the position in batches, with an average entry cost of approximately $0.55. Historical trading data shows that the whale cut all of its QNT position at a loss about a month ago, losing approximately $20,000. Its cumulative capital input is about $1.5 million, and the current portfolio value is approximately $1.1 million.