Ondo: Transfers 150M Tokens to Exchanges

Ondo's project multisig address dumped 150 million $ONDO tokens worth $63.88 million just seven hours ago, followed by a swift transfer of 21.338 million $ONDO valued at $9.15 million into Coinbase and Bybit an hour back, raising eyebrows on potential liquidity plays or sell-off pressures in the crypto whale movement scene.

Zooming into the 4-hour chart, $ONDO trades at $0.45 within a bullish structure, hugging the upper Bollinger Band resistance at $0.46 while the EMA50 at $0.38 and EMA200 at $0.31 anchor solid long-term supports. Yet the MACD screams bearish with a death cross at 0.02, clashing against a neutral RSI of 63.67 that hints at no immediate overbought exhaustion. This confluence points to a tactical pullback testing the lower band support at $0.41 before bulls reclaim momentum, especially if Bitcoin (BTC) hype sustains the broader market uptrend—watch for ONDO price prediction shifts if exchange inflows trigger a crypto market dip.