DeFi Intel

Ondo Finance up 14% as entity buys $61M ONDO – Is more upside coming?

Ondo Finance (ONDO) surged 14% in 24 hours, outperforming Bitcoin, driven by whale accumulation and perp volume. Trading volume rose 118% to $155 million, with perps volume quadrupling from $38.48 million. An entity transferred 178 million ONDO ($61 million) from Coinbase Prime Custody in six batches, indicating large-player buying.

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