LIT, ENA And ONDO Lead A Whale’s $7.22M Crypto Purchases

An address tracked by Lookonchain bought about $7.22 million worth of cryptos in twenty-four hours. Its portfolio favors Ethena, Ondo, Aerodrome, and Uniswap, while Pepe represents only a small part of the operation. Lookonchain spotted on October 22 a series of purchases made by the same address. It allocated its capital among nine assets linked to several sectors, including DeFi, tokenization, artificial intelligence, and memecoins . The operation therefore does not constitute a general accumulation by several whales. It reflects the strategy of a single portfolio, whose owner and objectives remain unknown. LIT, ENA, and ONDO concentrate nearly $4.1 million, or about 57% of the total amount. Pepe ranks last with only 2.7% of invested capital.

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