ONDO: Holder Deposits $4.47M to OKX After Year Hold

ONDO faces fresh selling pressure after wallet mcaavebank.eth deposited 9 million tokens valued at $4.47 million to OKX at $0.4963, ending a position held longer than one year when prices ranged between $0.7 and $1.3.

Price action on the 4-hour chart shows ONDO trading inside the Bollinger Bands with the upper resistance at $0.51 while the EMA50 at $0.49 acts as immediate overhead supply in the prevailing bearish structure; the MACD golden cross at -0.01 hints at building momentum yet the neutral RSI at 48.35 leaves room for a quick test of the EMA200 support at $0.45 before any sustained recovery attempt.