GSR Markets Potentially Reduces ONDO Holdings After Upbit Listing

According to @ai_9684xtpa, GSR Markets has potentially reduced its ONDO holdings following the token's listing on Upbit. Approximately 11 hours ago, GSR deposited 3.5 million ONDO tokens, worth $4.27 million, to Bybit. GSR has been accumulating ONDO since February, amassing 9 million tokens at an average price of $0.5718 per token. The current deposit price is $1.22 per token. If GSR sells all deposited tokens, it could realize a profit of $2.26 million. GSR still holds 3.5 million tokens.