On-chain researchers have identified a coordinated network of wallets consistently transferring large batches of ONDO tokens to deposit addresses on Binance, Gate, and Coinbase. This pattern suggests either a single entity or a group acting together, raising concerns about potential sell-side pressure that could impact ONDO's price, currently at $0.24. While no confirmed sell-off has been reported, the structured and repeated nature of these transfers is unusual and warrants close monitoring by holders and analysts. The activity highlights the importance of tracking on-chain data to anticipate market movements in the real-world asset tokenization sector where ONDO operates.
Bitcoin briefly reached a three-week high near $65,600 before retreating to around $64,000, influenced by lower-than-expected US inflation data and geopolitical tensions. Ethereum also reversed from a six-week peak near $1,950, slipping below $1,900....
Ondo Finance announced the launch of the first tokenized equity representations using DTC tokenized entitlements, part of the DTCC Tokenization Service. This milestone pushed the ONDO token price up by about 5% and increased trading volume by 51.7% i...
Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
