ONDO Token Unlocks 61.4% of Supply Valued at $640M Amid 53% Price Drop
- Token Unlock Impact: On January 18, approximately 1.94 billion ONDO tokens were unlocked, representing 61.4% of the circulating supply, with a current valuation of about $640 million, raising concerns about aggressive selling in the current market environment.
- Whale Buying Activity: Despite alarming unlock figures, on-chain data shows that whales absorbed roughly 20% of the unlocked supply during the sell-off, indicating that some large investors are not rushing to sell but are instead using the dip to build positions.
- Institutional Summit Participation: ONDO is set to host a major summit in New York on February 3, with confirmed attendance from BlackRock, JPMorgan, Goldman Sachs, and over 18 financial institutions, highlighting the growing connection between ONDO and traditional finance.
- Market Volatility Risks: While the current token unlock may lead to sharp price swings in the short term, if ONDO can successfully attract institutional investment, this sell-off could be viewed as a painful transition rather than a terminal breakdown.
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Technical Analysis for AIXBT
Technical Sentiment Analysis for aixbt by Virtuals (AIXBT) As of , aixbt by Virtuals (AIXBT) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for AIXBT stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, AIXBT is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
aixbt by Virtuals (AIXBT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00721 | 0.0125 | 0.0175 | 0.0228 | 0.0278 | 0.0331 | 0.0381 |
| Fibonacci | 0.0125 | 0.0164 | 0.0188 | 0.0228 | 0.0267 | 0.0291 | 0.0331 |
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