A long-term ONDO investor, mcaavebank.eth, sold 9 million ONDO tokens worth $4.4 million after providing liquidity on Uniswap for five months. The crypto market experienced heavy selling pressure over the past three days, but ONDO rebounded after Ondo Finance launched its 24/7 Private Markets, rising from $0.43 to $0.49. Despite this recovery, technical indicators like the RSI at 56 and the TSI at 15 indicate weak upside momentum, leaving the $0.50 threshold uncertain if buying pressure does not intensify.
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