Good morning everyone.
$ONG is still running hard.
I shared the long setup a couple of days ago.
I have closed The position is +780%.
Here’s the full updated $ONG :
On-chain & Order Flow
Large sell orders are currently visible around $0.299 ($63.9K) and $0.2143 ($53.4K).
These orders can disappear at any moment, but for now they show where larger liquidity is positioned.
Derivatives are heating up
Volume has surged +2,619%, while Open Interest has jumped +366%.
Liquidations over the last 24 hours are strongly tilted toward shorts — sellers got squeezed while longs remained relatively intact.
The bigger catalyst is approaching
On August 22, Ontology is scheduled for a network upgrade and hard fork. Binance and Bithumb are already preparing to suspend $ONT / ONG deposits and withdrawals during the upgrade.
And this isn’t just another routine network update.
Back in November 2025, the community approved a proposal to reduce ONG’s maximum supply from 1 billion to 800 million, effectively removing 20% of the original maximum supply.
The upcoming hard fork is where that decision gets implemented at the protocol level.
The setup was visible before the major move began.
Now, the market is starting to price in the catalyst.
$AKE
$HEMI
$ONG is still running hard.
I shared the long setup a couple of days ago.
I have closed The position is +780%.
Here’s the full updated $ONG :
On-chain & Order Flow
Large sell orders are currently visible around $0.299 ($63.9K) and $0.2143 ($53.4K).
These orders can disappear at any moment, but for now they show where larger liquidity is positioned.
Derivatives are heating up
Volume has surged +2,619%, while Open Interest has jumped +366%.
Liquidations over the last 24 hours are strongly tilted toward shorts — sellers got squeezed while longs remained relatively intact.
The bigger catalyst is approaching
On August 22, Ontology is scheduled for a network upgrade and hard fork. Binance and Bithumb are already preparing to suspend $ONT / ONG deposits and withdrawals during the upgrade.
And this isn’t just another routine network update.
Back in November 2025, the community approved a proposal to reduce ONG’s maximum supply from 1 billion to 800 million, effectively removing 20% of the original maximum supply.
The upcoming hard fork is where that decision gets implemented at the protocol level.
The setup was visible before the major move began.
Now, the market is starting to price in the catalyst.
$AKE
$HEMI