ONDO traders retreat as Open Interest falls: Will the $0.3400 support survive?
ONDO fell 12.48% over the last 24 hours as trading activity weakened across the market, with the volume declining 30.71% to $340.5 million. The decline emerged despite ONDO’s institutional narrative remaining intact and coincided with a broader market sell-off. U.S. spot Bitcoin ETFs extended their outflow streak to thirteen consecutive days, which added pressure across risk assets. As liquidity conditions weakened, ONDO struggled to attract fresh demand.