Ondo

Notable

Spot

<ul>
 <li><strong>Ondo token surges 30%, reaching ATH amidst market rebound.</strong></li>
 <li><strong>The daily RSI is at 74, signaling the overbought trend.</strong></li>
</ul>
<p>Amidst a gradual market recovery, Ondo [ONDO] has emerged as a standout performer, buoyed by transactional activity. Over the past 24 hours, while the broader market has seen a modest 5% uptick, Ondo has surged impressively by 30%, reaching an all-time high of $0.9494.</p>
<p>This surge in value is indicative of a broader positive trend for Ondo, with a remarkable 96% increase over the past seven days. The surge in price has been complemented by a surge in trading volume, up by 138% within a single day. And a 30% increase in market capitalization, propelled Ondo to 82nd in the top cryptocurrency rankings.</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/2iyVkYpM8pTqwLonN_wWuzr9Whogs_ezZDzekmfn6xdfpXtPqaMpFxCU11sAZ-2TOoTGsATa3sMFr5as06OMFp3Sf1L0k401tSn7b_9olXr84NQp7i2ZxGpYsGn4mR4Zzwg7PrGc7E7gTnWRWVTDKH0" alt="">
  <figcaption class="wp-element-caption">
   ONDO Price Chart, Source: TradingView
  </figcaption>
 </figure>
</div>
<h3 class="wp-block-heading" id="h-ondo-whales-big-steps">ONDO Whales’ Big Steps</h3>
<p>Lookonchain <a href="https://x.com/lookonchain/status/1772087531619959076?s=20" rel="noopener noreferrer nofollow">points</a> to a significant accumulation of Ondo tokens by large holders, or “whales.” Notable transactions include Whale “0x56F9” withdrawing 6.53 million ONDO ($5.88 million) from Bybit in the past month, and a fresh wallet, 0x92d, withdrawing 1.98 million ONDO ($1.78 million) from Gateio in the past hour. Additionally, wallet “0xE6bf” withdrew 937,600 ONDO ($845,000) from Gateio three hours ago.</p>
<p>Also, Spot on Chain, a prominent cryptocurrency analytics platform, has also reported positive sentiment surrounding Ondo. The price of the RWA token has surged by approximately 93% over the past five days, reflecting growing confidence among investors.</p>
<p>Recent transactional activity on <a href="https://thenewscrypto.com/blackrock-choose-coinbase-for-tokenized-fund-infrastructure/" rel="noopener noreferrer nofollow">Coinbase</a> further underscores Ondo’s market activity. On March 22, the multisign wallet 0x677 deposited 49.9 million ONDO ($36.38 million) to Coinbase at $0.729. Subsequently, 10 fresh wallets withdrew 49.7 million ONDO ($36.9 million) from Coinbase at approximately $0.743, collectively making $9.93 million after three days.</p>
<p>Moreover, technical indicators for Ondo remain positive, with the seven-day Exponential Moving Average (EMA) suggesting a sustained upward trend, while the Relative Strength Index (RSI) signals strong buying momentum.</p>

ONDO Hits All-Time High Amid Surge in Whale Transactions

Table of Contents

TheNewsCrypto

Other articles published on Mar 25, 2024

Next Cryptocurrency To Explode Monday, March 25 – Aerodrome Finance, Fantom, Dogecoin

Charting a Course with $CAPTN: Join Our Community Voyage

Crypto Markets Witness Historic Investment Outflows

ANZ Partners with Chainlink to Advance Global Asset Exchange and Smart Contracts

Philippines Blocks Binance Over Unlicensed Operations, Citing Investor Protection

Surge in Solana Meme Coins Attracts Market Attention

Join our free newsletter for daily crypto updates!