ONDO whale transfers spark sell pressure but price holds key support amid mixed trader signals

Large ONDO holders moved over 10 million tokens to Coinbase, raising concerns of potential selling. Despite this, ONDO's price stayed stable above $0.373 support as selling pressure dominated spot and futures markets. However, positive funding rates suggest leveraged traders remain bullish, creating a tug-of-war between sellers and confident long traders. ONDO is now at a critical point where stronger buying is needed to push past resistance at $0.4236 or risk falling to $0.34 support next.