TLDR: Spot buyers added $1.27M in net inflows on the 12-hour window, with $777.55K on the 8-hour window. Short liquidations of $81.76K outpaced $27.57K in longs on the 4-hour chart after a $1
ONDO is trading at $0.5048 after a 3.05% decline over the past 24 hours. Despite the dip, the token is up 16.15% across the past seven days.
Spot market data shows steady buyer inflows on higher timeframes. Meanwhile, a recent leverage flush has cleared many long positions.
Separately, more than 1 million wallets have now interacted with Ondo’s tokenized assets. Analysts are also tracking price action within a tight consolidation range near current levels.
In a post on X, analyst Sarosh said ONDO is holding a consolidation shelf at $0.5199 after yesterday’s shakeout. Sarosh described the setup as healthy and constructive.
The post outlined spot flows, liquidations, and positioning data. According to his data, spot buyers are absorbing supply across higher timeframes. Net inflows reached $1.27 million on the 12-hour window.
ethereum:0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3 is holding in a healthy, constructive consolidation shelf at 0.5199 after yesterday's market shakeout.
Real cash spot buyers are actively absorbing supply across higher timeframes, showing net inflows of +$1.27M on the 12-hour…
— Sarosh (@SaroshQ2022) September 29, 2026
Additionally, the 8-hour window recorded $777.55K in inflows, while the 4-hour window showed $529.58K. The $1.27 million reading was the largest of the three windows.
Together, the figures show inflows building as the time window lengthens. Sarosh described the demand as steady support for the lower boundary.
On the derivatives side, Sarosh noted that the earlier long leverage flush has run its course. Around $1.95 million was wiped out over 24 hours. The flush mainly affected leveraged long positions.
Meanwhile, short liquidations have since taken the lead on shorter timeframes. Sarosh said this leaves the underlying structure clean and well-supported.
On the 1-hour chart, short liquidations totaled $51.80K against $10.10K in longs. Likewise, the 4-hour chart recorded $81.76K in shorts versus $27.57K in longs. Sarosh said trapped late shorts may keep adding upward friction to the price.
Binance top-trader margin positioning stands at 2.7896, according to the same analysis. Sarosh described this positioning as confident.
In addition, the open interest-weighted funding rate has flattened to a calm, sustainable baseline. He noted that perpetual funding rates have fully reset.
For the day, Sarosh expects choppy consolidation with an upward bias. He sees price moving sideways to higher between $0.5050 and $0.5400.
He said downside cascade risk is neutral because overleveraged long stops were cleared. He also expects dips into support to be well defended throughout the session.
Separately, Giannis Andreou posted on X that more than 1 million wallets have interacted with Ondo’s tokenized assets.
These span stocks, ETFs, Treasuries, and other products. He also pointed to BlackRock-built strategies being brought onchain through Ondo.
ethereum:0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3 JUST CROSSED 1 MILLION WALLETS
More than 1M wallets have now interacted with Ondo’s tokenized assets across stocks, ETFs, Treasuries and more.
With BlackRock-built strategies also being brought onchain through Ondo, the… pic.twitter.com/3H7pxBalJ6
— Giannis Andreou (@gandreou007) September 29, 2026
Trading volume for ONDO over the past 24 hours reached $301,351,007. Andreou described the platform as a gateway between traditional finance and crypto. He said the token keeps pushing deeper into the tokenization race.
The post ONDO Holds Near $0.50 as Spot Inflows Build and Wallets Pass 1 million appeared first on Blockonomi.
