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ONDO: Trader Rotates $10K from EIGEN and SEI | Flash News Detail | Blockchain.News
Latest Update
6/4/2026 7:30:00 PM

ONDO: Trader Rotates $10K from EIGEN and SEI

ONDO: Trader Rotates $10K from EIGEN and SEI

ONDO at $0.38 after Michaël van de Poppe buys 26,400 tokens, rotating profits from EIGEN and SEI into altcoin strength.

Source

Analysis

Michaël van de Poppe sold 21,621 EIGEN and 100K SEI to fund a $9,900 purchase of 26,400 ONDO at $0.375, citing the same strength-buying approach that worked in the prior cycle.

HYPE and NEAR already posted sharp gains while ONDO consolidates, positioning it for the next leg as liquidity rotates into early movers.

Price sits exactly at the EMA50 of $0.38 with the EMA200 at $0.36 acting as deeper support; the neutral RSI at 49.17 and MACD death cross at zero keep momentum flat, yet the token trades inside the Bollinger Bands with the upper band at $0.43 offering the next volatility target before any retracement to the 50-EMA.


Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast