An Ondo team-associated address transferred 26.05 million ONDO tokens worth about $9.79 million to Coinbase, following previous token movements linked to potential sales. Despite this, ONDO's price showed resilience, trading near $0.37 with strong buyer demand indicated by a positive Buy-Sell Delta and a Relative Strength Index near 64. However, whale activity suggests ongoing selling pressure, which could lead to a price pullback toward $0.33 if it continues. Investors should watch for further whale selling that might weaken ONDO's market structure.
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 ...
Ondo Finance's on-chain activity has surged with new wallet addresses doubling and daily active addresses rising, driven by recent partnerships and infrastructure upgrades. The company launched tokenized stock products linked to traditional US market...
SBI Holdings has partnered with Ondo Finance to tokenize Japanese financial assets, including stocks, on blockchain platforms. The collaboration will also explore using SBI's JPYSC stablecoin for on-chain settlements and collateral in these tokenized...
Ondo Finance has partnered with Japan's SBI Group to tokenize Japanese equities, using SBI's yen-backed stablecoin JPYSC for onchain settlements. This collaboration leverages Ondo's tokenization technology and SBI's extensive $250 billion financial n...
ONDO, the native token of Ondo Finance, surged 15% to $0.393 following a partnership with Japan's SBI Group to tokenize Japanese assets and distribute them using the JPYSC stablecoin. Ondo also joined the DTCC's major tokenization initiative, linking...
