A large deposit of 6 million ONDO tokens, worth about $2.13 million, was made to Bybit from wallets linked to Wintermute, sparking concerns about token distribution amid market weakness. ONDO's price fell over 7% to $0.346, testing a critical support level. Despite this, exchange netflows showed more tokens leaving exchanges than entering, indicating ongoing accumulation by many holders. Technical indicators and derivatives data suggest growing bearish sentiment, but if buyers defend the $0.34 support, ONDO could stabilize and attempt a recovery.
Stellar (XLM) surged 38.94% to $0.2731, driven by growing interest in its blockchain technology focused on cross-border transactions and financial inclusion. Its market cap reached $9.15 billion, reflecting increased influence in the crypto market. O...
Ondo Finance (ONDO) dropped 12.62% following escalating tensions in West Asia and the recent death of its founder, pushing its price below the 200-day EMA to around $0.34. If it falls below this level, ONDO could see another 12% decline to $0.29. Mar...
Worldcoin surged over 30% to $0.39, driven by AI-themed interest and institutional flows, pushing its market cap near $1 billion. Meanwhile, Zcash fell 10%, reversing recent gains after a strong rally in April and May. Other AI and infrastructure tok...
