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Ondo team moved $9.79M ONDO tokens to Coinbase, raising near-term sell pressure concerns.

Market News
18 Jul 2026
AMBCrypto
View Source
Neutral
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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.

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