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Ondo Finance Falls 6.6% in One Hour to $0.4478 as Long Liquidations Top $1.85 Million

ONDO was down 4.48% over 24 hours, while short liquidations totaled $20,000 across three exchanges.

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Faceted token beside a sharply tilted metallic market gauge / TokenPost.ai
Faceted token beside a sharply tilted metallic market gauge / TokenPost.ai

Ondo Finance (ONDO) fell 6.55% in one hour to $0.4478 at 12:18 p.m. ET (16:18 UTC) on Oct. 8, extending its decline as long-position liquidations sharply outweighed short liquidations.

The token dropped from $0.4792 one hour earlier to $0.4478 on Binance’s spot ONDO/USDT market. ONDO was down 4.48% over the previous 24 hours.

Long liquidations across Binance, Bybit and OKX totaled $1.85 million during the same hour. Short liquidations reached $20,000, leaving long liquidations more than 90 times higher.

The figures were calculated from exchange prices and liquidation data collected for the period ending at 1:18 a.m. Korea Standard Time on Oct. 9.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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