An ONDO whale has sold 2.69 million tokens worth an estimated $2.13 million as bearish sentiments persist in the market. This notable sell-off raises alarms about the potential for further declines in ONDO’s value. Investor confidence plays a crucial role in token viability, and large sales by whales can trigger additional selling pressure. As traders assess the situation, monitoring market reactions to this sale becomes pivotal. Stakeholders should remain alert to the impact of this transaction on ONDO’s price and market sentiment.