An address associated with the Ondo team transferred 26.05 million ONDO tokens, worth $7.99 million, to Coinbase.
Svmuu News: According to monitoring by on-chain analyst Ai, an address associated with the Ondo team (0xEA5...5e1) received 150 million ONDO from the Ondo team’s multisig address on June 23 and, 11 hours ago, deposited 26.05 million ONDO—worth $9.79 million—into Coinbase,consistent with the previous pattern of “receiving coins, holding them for a period of time, and transferring them to an exchange.” The purpose of this transaction remains unknown.
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Source:Odaily · Source Link
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