Shagi

07/29 09:26

ONDO Whales, Volume, and TVL Fuel Bullish Sentimen

ONDO Whales, Volume, and TVL Fuel Bullish Sentiment

Investor confidence is also visible in ONDO crypto’s strong fundamentals. The project’s DeFi data, such as TVL, suggests investors’ trust is rising as it is hovering near its all-time high at $1.376 billion, according to DeFiLlama. 

The platform also displays that its weekly revenue has consistently stayed near the $1 million mark since late June, highlighting growing adoption and protocol usage.

In parallel, Santiment on-chain data shows a sharp increase in whale activity, with 22 whale transactions over $1 million recorded on July 27 alone. Supporting this, ONDO crypto’s supply distribution metric indicates accumulation by large holders in the “10 million to 100 million ONDO bracket”, suggesting that whales are positioning for further upside.

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