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Ondo Finance (ONDO) token drops nearly 10% in four hours, down 12% in 24 hours amid long position liquidations.

Market News
30 Oct 2026, 03:25 WIB
Tokenpost
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Bearish
Ondo Finance (ONDO) token drops nearly 10% in four hours, down 12% in 24 hours amid long position liquidations.

Ondo Finance (ONDO) experienced a sharp price decline of 9.73% within four hours, falling to $0.371 as of 8:20 p.m. ET Thursday. Over the past 24 hours, the token dropped 11.92%, ranking 50th by market capitalization at about $1.86 billion. The price drop coincided with $540,000 in liquidations of long positions on major exchanges like Binance, Bybit, and OKX, while no short positions were liquidated. This indicates a significant sell-off pressure on ONDO, which investors should monitor for further market movements.

As of Oct 30, 2026 07:41 WIB, ONDO on Pluang trades at Rp6.667 with a 1-day change of -13.00%, slightly exceeding the article's reported 24-hour loss. The token's market cap on Pluang stands at Rp32,32 trillion, with a 24-hour trading volume of Rp4,81 trillion. Pluang data also shows a strong sell sentiment with 61% of order activity selling and a typical hold time of 45 days, highlighting ongoing investor caution.

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