Ondo: Team Wallets Deposit 13.43M Tokens to Coinbase

Ondo team-associated multisig wallets deposited another 13.43 million ONDO tokens, bringing suspected sales to $29.94 million over the past 30 days while two addresses moved $4.42 million worth to Coinbase in the last 10 hours.

Associated addresses retain $12.68 million in ONDO on-chain. Price action at $0.33 tests the upper Bollinger Band resistance at $0.34 while the RSI(14) at 42.01 stays neutral; the MACD death cross and price below both EMA50 at $0.34 and EMA200 at $0.35 lock in the bearish trend structure, pointing to a likely retracement toward the $0.32 lower band support before any relief.