Whale buys $1.25M in ONDO as chart patterns suggest a breakout. Analysts track price support, tokenization growth, and ETF prospects.
A major investor has secured over $1 million in ONDO, sparking speculation of a possible breakout in the token’s price.
The purchase was reported as traders track both whale activity and chart structures that suggest the asset may be preparing for a decisive move. ONDO has been trading just below $1, holding support after weeks of volatility.
Whale Activity and Market Attention
According to CryptoGoos, a whale recently bought $1.25 million in ONDO along with $2.34 million in ENA.
The large-scale accumulation has brought renewed attention to ONDO, as whale movements often provide early signals of changing sentiment. Traders view these purchases as meaningful because they can influence both short-term liquidity and long-term positioning.
This whale just bought $2.34M in $ENA and $1.25M in $ONDO.
Utility season. 🤔 pic.twitter.com/Arfz3mjb2D
— CryptoGoos (@crypto_goos) August 21, 2025
Such buying activity suggests that confidence in ONDO remains strong despite a recent correction from above $1.10. The market is watching closely to see if the purchase provides a base for further gains in the coming weeks.
Some analysts suggest that whales may be positioning ahead of new institutional developments around Ondo Finance’s ecosystem.
ONDO is also drawing attention due to its role in real-world asset tokenization, which has become one of the fastest-growing areas of blockchain adoption. Investors appear to be accumulating exposure to projects that combine regulatory compliance with growing demand for tokenized products.
Technical Patterns and ONDO Price Structure
Bitcoinsensus has described ONDO’s recent price movements as part of a bullish wedge channel.
Each wave has produced larger percentage gains, with previous runs showing increases of 240 percent and 270 percent. Analysts are now questioning if the next stage could extend toward a 350 percent rise, which would push ONDO above $3.00.
$ONDO Coiling Up for the Big Move💣💥
This token has been moving within this wedge channel in a very bullish structure.
Each macro high has been higher than the one printed before📈, following these returns :
🔹Wave 1 : +240%
🔹Wave 2 : +270%
🔹Wave 3 : +350%?Next Macro… pic.twitter.com/0jE4XiIEl5
— Bitcoinsensus (@Bitcoinsensus) August 21, 2025
In the short term, ONDO is trading around $0.94, showing resilience after dipping near $0.84 earlier this month. Buyers have been defending sub-$0.85 levels, suggesting that demand is steady in that zone.
If ONDO holds above $0.90, a squeeze on short sellers could lift the price back toward $1.05 and $1.10.
The derivatives market currently shows cautious behavior. Open interest remains stable near $65 million, while net positioning has leaned slightly bearish. However, if momentum shifts, leveraged traders may add to volatility on the upside.
Technical analysts agree that the wedge structure and repeated higher lows provide a constructive setup for the token.
Institutional Developments and Tokenization Growth
Ondo Finance continues to expand its infrastructure in the real-world asset sector. The company has launched tokenized U.S.
Treasuries and equities across multiple blockchains, including the XRP Ledger and BNB Chain. This approach aims to bridge traditional financial markets with on-chain liquidity.
The firm recently acquired Strangelove and Oasis Pro, giving it both blockchain development expertise and a broker-dealer registered with the SEC. These acquisitions are designed to strengthen compliance and broaden the scope of tokenized securities.
The project has also partnered with firms such as Pantera Capital and Alchemy Pay to expand adoption and improve fiat-to-crypto access.
Institutional demand for ONDO has grown since the filing of the 21Shares Ondo Trust ETF in July. If approved, the ETF would allow investors to gain exposure to ONDO through traditional investment channels.
The filing itself drove a noticeable increase in attention and price activity, with the token gaining momentum despite broader market caution.
Ondo Finance’s tokenomics are also drawing interest. With a total supply of 10 billion tokens, only 29.4% are in circulation. Analysts suggest that the relatively low circulating supply could support price growth if adoption continues to expand.
Trading volumes on Ondo’s RWA platform already exceed $4 billion in 30 days, signaling usage beyond speculation.
If ONDO maintains support above $0.90 and institutional demand continues, the path toward retesting higher levels remains open. However, failure to hold support could trigger another move down to the $0.84 range or lower.
