•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Ondo Finance transferred 150 million ONDO, worth nearly $63.9 million, to a team-linked wallet about eight hours before exchange activity increased. Shortly after, the same wallet deposited 18.83 million ONDO, worth $8.1 million, into Coinbase.
The timing drew trader attention because large exchange deposits are often interpreted as potential selling pressure. Despite the sequence, the wallet still held substantial ONDO reserves after the transfer activity ended.
Arkham data indicated that Ondo Finance continued to hold 5.63 billion ONDO, worth roughly $2.46 billion. Team-linked reserves also remained above 121 million ONDO, worth nearly $54 million.
With those holdings still sizable, market participants monitored whether additional deposits would follow the Coinbase transaction.
At the time of writing, Spot Netflows had turned positive after ONDO recorded more than $1.02 million in exchange inflows on May 12.
The reversal came after several months in which spot markets were dominated by outflows. Earlier periods showed repeated negative flows, particularly during July, September, and October.
Recent inflow spikes increased as ONDO recovered aggressively from a prolonged consolidation phase. Positive netflows typically indicate rising exchange activity, as holders move tokens closer to active liquidity venues—suggesting repositioning after ONDO’s breakout gained momentum.
Smaller inflow spikes also appeared in late April and early May before the latest surge.
ONDO broke above its multi-month accumulation range after holding support near the $0.240 zone for months. It later reclaimed the $0.356 resistance level and moved toward the $0.459 supply region.
The breakout followed a long sideways structure that had limited bullish expansion through February and March. Buyers then pushed ONDO higher as volatility expanded across the broader market. The daily structure also suggested continuation after ONDO escaped the upper boundary of the consolidation box.
However, momentum slowed near the $0.459 resistance area, where prior rejection pressure had appeared. The report noted that if buyers maintained control above $0.356, ONDO would likely attempt another push toward higher resistance. Failure to defend the breakout zone could lead to a deeper retracement.
RSI climbed aggressively above 79 after ONDO completed its breakout from the prolonged accumulation structure. The reading placed the indicator deep into overheated territory for the first time in months.
Strong RSI expansion typically reflects intense buying activity during rapid price acceleration phases.
Long liquidations exceeded $390.77K, while short liquidations remained below $43.89K across major exchanges. Binance and Bybit accounted for most of the liquidated bullish positions during the latest volatility spike. Gate.io also recorded over $154K in long liquidations, despite relatively smaller short losses.
These figures indicated that aggressive buyers entered heavily during the rapid expansion phase. The report also linked the later volatility flush to leveraged positions being forced out as price approached overhead resistance zones.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
