A whale has been adding to its ONDO position for a year and is still underwater; cut losses on QNT a month ago for another $20K loss

Odaily: According to Arkham monitoring, a whale identified as 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 its 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, realizing a loss of approximately $20,000. Its cumulative capital deployed is approximately $1.5 million, and its portfolio is currently worth approximately $1.1 million.