$ONDO has seen selling pressure (OUT) from whales come to a complete halt. So, what is the state of real demand?
We conducted a direct audit of the latest USDY on-chain data.
① Unprecedented Amount of Deposited Assets
USDY ’s current total supply stands at “approximately $870 million (about 130 billion yen).” It is drawing in real-world funds at a staggering pace.
② Renewed Inflows (IN) in May
Looking at the transaction analysis graph (second slide), we can see that “new inflow addresses (red line)” have once again spiked sharply since the start of May.
Conclusion
Even if $ONDO ’s price (chart) appears stagnant, smart money (large investors) is quietly pouring cash into the “Ondo system” behind the scenes to expand real-world demand. The right approach in the on-chain world is to ignore the noise on the chart, trust only this “genuine capital inflow graph,” and hold on tight.
