ONDO Drops 10.6% to $0.5095 Amid Whale Activity
Ondo (ONDO)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that ONDO has experienced a sharp decline, dropping 10.6% over the past hour to trade at $0.5095. This move follows a daily high of $0.6066, highlighting the volatility within the market. The cryptocurrency recorded a 24-hour trading volume of $58,865,370.84 as traders assessed the rapid price change.
ONDO is currently down 6.55% over the last 24 hours after a brief rally earlier in the day. The price range over the past 24 hours has been between $0.5095 and $0.6066. Whale activity is cited as a plausible driver for this volatility, as large wallet movements can trigger significant shifts.
The broader crypto market is showing mixed signals, suggesting external factors may be influencing these movements. Despite the decline, the trading volume of nearly $59 million indicates active participation. Traders are closely monitoring these developments, with ONDO’s price sitting at the lower end of its recent range. The market remains tumultuous, reflecting broader uncertainty experienced by many cryptocurrencies.
How the market reacted
Whalio's own Binance spot order flow for ONDO, measured when this story was written up on 28 September 2026. Not the outlet's figures.
Whalio data shows ONDO trading at $0.5877 with a 1-hour buy ratio of 59.2%, indicating short-term buying pressure. This contrasts with the 4-hour buy ratio of 49.7%, suggesting that immediate buying momentum is fading over a slightly longer timeframe. The 24-hour buy ratio sits at 52.3%, showing a balanced but slightly bullish sentiment over the full day. Volume delta for the hour is positive at +$799,675, while the 4-hour delta is negative at -$149,241, reflecting a shift in net flow direction. The 24-hour volume delta is +$1,465,033, and the cumulative volume delta (CVD) for the 24-hour close is +$4,778,156. These figures indicate that despite recent volatility, there has been net buying over the full day, with 15 out of 24 hours showing net buying activity.
The latest daily buy ratio of 48.1% sits at the 32nd percentile of the last 322 days, against a median of 49.5% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for ONDO, averaged over the days leading up to the story.
Over the preceding week, ONDO’s 7-day average buy ratio was 48.3%, making the current 24-hour ratio of 52.3% an improvement of 4.0 points. However, the spot volume of $31,087,977 is only 0.65x the average, indicating lower-than-usual trading activity. While the price increased by 35.9% over the past 8 days, the total volume delta for that period was -$6,717,682. This suggests that the recent price rally occurred with net selling pressure over the week. This is an unusual day for the coin, characterized by higher buy ratios but significantly lower volume compared to the weekly average.