The ONDO Question: Why This Sell Pressure Creates Your Ultimate Buying Opportunity

Massive sell pressure meets strategic accumulation—ONDO's paradox reveals crypto's smartest contrarian play.

Market Mechanics Exposed

Whales dump retail bags while institutions quietly accumulate at discounted prices. That 'panic selling' you're seeing? It's creating the exact liquidity vacuum smart money needs to build positions without moving markets.

Tokenomics Working As Designed

Volatility isn't a bug—it's a feature. Every paper-handed retail exit transfers tokens to stronger hands at better prices. The network gets healthier while weak holders get shaken out. Classic crypto Darwinism at work.

Real-World Asset Momentum

Traditional finance keeps nibbling at crypto's edges, and ONDO's RWA narrative hits all the right buzzwords for institutional adoption. They'll eventually FOMO in—after taking months to form a committee about it.

Timing The Bounce

Blood in the streets? More like discount season for those who understand crypto cycles. The same analysts calling this a 'risky asset' will praise its 'robust fundamentals' at the next ATH. Because nothing changes sentiment like green candles.

Key Takeaways

Ondo’s price action and metrics are at odds — the price chart showed imminent losses for the token, while the metrics revealed ONDO was undervalued. Both can be true simultaneously.

Ondo [ONDO], the governance token of the Ondo decentralized autonomous organization (DAO), has been holding on to a key support level at $0.87 since mid-July.

Over the past month, the rest of the altcoin market has also struggled to find momentum.

Source: ONDO/USDT on TradingView

This could be due to the volatility around Bitcoin [BTC] and ethereum [ETH], both of which lacked a clear trend in recent weeks. On the ONDO daily chart, the market structure was bearish.

The token has made lower highs over the past three weeks. Moreover, its CMF was well below the -0.05 threshold. This indicated severe capital outflows from the market and seller dominance.

If this selling pressure continues, ONDO might fall past the $0.87 support zone.

Is ONDO undervalued right now?

Source: Santiment

Data from Santiment revealed that the network growth and daily active addresses metrics were relatively unchanged since late July.

This steady trend showed the network was neither expanding nor losing ground. This was a positive outcome at a time of price volatility.

Interestingly, the age consumed metric was also relatively quiet in recent weeks. This metric tracks the movement of previously idle tokens.

A flurry of dormant token movement WOULD result in a surge in the age consumed.

This would be indicative of idle coins being moved in great numbers, something that occurs before or during a sell-off.

Since this has not happened even though ONDO prices were straddling a key support, it was an encouraging sign.

Source: Santiment

The supply distribution reflected steady buying pressure from the smaller wallets, holding up to 1M ONDO. Wallets with larger holdings, from 1M to 100M, have reduced in number slightly over the past ten days.

Combined with the age consumed metric, they signaled some accumulation for ONDO.

Source: Glassnode

The Spent Output Profit Ratio (SOPR) was at 0.98 at the time of writing. As it is a representation of the price sold / the price paid, values lower than 1 imply holders are at a loss.

The SOPR has hovered around 0.9-1 since late July, with a brief surge to 1.4 in August. The low SOPR numbers recently indicated that it could be a good buying opportunity since ONDO was likely undervalued.

As the CMF on the 1-day chart signaled, such a buy would come with its risks, and traders and investors must be wary of further price losses.