$ONE just dropped -7.9% in the last hour (-25.6% over 24h)
ONE now $0.00235

my read: a move this sharp can come from liquidations, crowded leverage, or fresh news, but I'm not convinced it has settled. Not touching this yet; I'd wait for volatility to cool and market structure to stabilize, while watching Binance closely.

are you seeing genuine spot demand here, or mostly leverage getting flushed?

Just my take, not advice. DYOR.