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Ondo Finance is set to unlock $2.2 billion worth of tokens this week, significantly impacting the market as it faces a 38% decline over the past month. The unlock, scheduled for January 18, will release 1.94 billion ONDO tokens, exceeding the current circulating supply and trading volume. Analysts predict potential recovery for Ondo, with increased accumulation by large holders, despite recent bearish trends and a head-and-shoulders pattern indicating further corrections.
Joshua Jake
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
ondo finance prepares for major token unlock amid market volatility
06:35 14.01.2025
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