Institutions move $6.8M ONDO tokens amid bearish pressure, price holds near $0.34-$0.35 range.

Institutions and market makers have transferred $6.83 million worth of Ondo Finance (ONDO) tokens to exchanges, signaling potential large sales. Despite this, ONDO's price remains stable between $0.34 and $0.35, though trading volume has dropped 39%. Technical indicators show bearish momentum and strong downside pressure, mainly driven by heavy selling in the derivatives market. Spot market demand remains positive, causing sideways price movement. If selling pressure increases, ONDO could fall to $0.32 soon.