Arthur Hayes stacks $41 mln in ONDO – Will Q4 be its breakout quarter?
Key Takeaways
Why is Arthur Hayes in focus?
Arthur Hayes collected $3.6 million in Ondo Finance, pushing his whole holdings close to $41 million and reigniting whale-driven curiosity.
What might affect ONDO’s subsequent transfer?
The token should maintain above $0.98 and shut past $1.12 to verify bullish momentum as DeFi exercise and TVL proceed climbing.
Ondo Finance [ONDO] has drawn market consideration once more and this time for giant on-chain actions linked to main wallets, together with one tied to Arthur Hayes.
Whereas the token nonetheless traded beneath $1 after a 3.8% day by day drop, merchants have been waiting for indicators of restoration as technicals, whale exercise and DeFi metrics started to shift.
AMBCrypto examines how these flows, chart constructions, and rising TVL might form ONDO’s path heading into the ultimate quarter of 2025.
Large ONDO transfers put Arthur Hayes in highlight
On-chain information showed huge motion of ONDO tokens into crypto exchanges, with Arthur Hayes on the middle of accumulation once more.
The Gnosis Secure Proxy pockets moved 11.67 million ONDO into Gate.io, Binance, and Bybit.
As per Onchain Lens information on X (previously Twitter), 3.89 million ONDO of those tokens, price $3.63 million, have been deposited into Arthur Hayes’s pockets on Bybit.
This took his whole over the previous month to about $41.25 million in ONDO.
Supply: Onchain Lens
Regardless of these Alternate Inflows, whale accumulation hinted that not all transferred tokens have been being bought. That blend stored merchants cautious because the quarter opened.
Technical construction reveals restoration indicators
The worth chart, as analyzed by Ali Martinez, showed ONDO managed to carry above the $0.86 value stage. The altcoin surged to nearly $1 and was rejected instantly.
Consequently, the $0.92 stage held, and ONDO began to indicate power once more. Nevertheless, the altcoin must flip above the $0.98 stage to hit the subsequent goal at $1.12.
Supply: Ali Martinex/X
Flipping the $1.12 stage might pave the best way for ONDO to climb in direction of its ATH of $2. Alternatively, failure would imply the altcoin stays confined within the marked vary on the chart.
TVL climbs to file, quantity plateaus
Within the meantime, the Whole Worth Locked (TVL) for ONDO rose to a brand new peak of $1.72 billion at press time. The brand new milestone confirmed that the altcoin was positioned higher within the DeFi sector.
Nevertheless, buying and selling quantity hovered close to $169.44 million, properly beneath its yearly peak of $600 million. The muted quantity instructed restricted speculative momentum regardless of stronger fundamentals.
Supply: DefiLlama
CoinGlass data indicated Open Curiosity rose from $450 million to $500 million since early October, signaling regular derivatives participation however not but confirming sturdy conviction amongst merchants.
Altogether, ONDO’s setup remained cautiously bullish. Sustaining above $1.12 might validate development continuation towards its all-time excessive.
