An address linked to the Ondo team has transferred 26.05 million ONDO tokens, valued at $9.79 million, to Coinbase. This transaction follows a pattern observed by on-chain analyst Ai Yi, where the address receives tokens, holds them for a period, and then transfers them to an exchange. The address initially received 150 million ONDO from the Ondo team's multisig wallet on June 23. The purpose of these transfers remains undisclosed.
Ondo Team Transfers $9.79 Million in Tokens to Coinbase
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