An address linked to Ondo transferred 26.05 million ONDO tokens to Coinbase, valued at about $9.79 million. This move is part of a larger pattern where Ondo-related wallets have sent a total of 116 million ONDO tokens to Coinbase over the past month and a half. Large deposits to exchanges like Coinbase often indicate potential sell pressure, though the tokens may also be moved for custody or other non-sale reasons. Traders will watch ONDO's price, trading volume, and further transfers closely to gauge market impact.
Tokenized equities are expanding rapidly, with Ondo Finance leading in total asset value at $1.01 billion TVL and $27 billion in trading volume. The number of holders doubled in 30 days, showing growing participation, while monthly transfer volume su...
Ondo Finance's token ONDO is trading at $0.3279, maintaining a key support level around $0.30, which could trigger a rally to $0.45 or higher if sustained. The platform has surpassed $1 billion in tokenized stock value and holds $3.48 billion in tota...
A wallet linked to the ONDO team transferred 4 million ONDO tokens to Coinbase, adding to a total of 12 million tokens moved to the exchange, increasing supply pressure. Spot market activity shows sellers dominating, with declining trading volume and...
