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ONDO suddenly experiences large inflows into centralized exchanges, Arthur Hayes' wallet receives 5 million tokens
【Crypto World】ONDO has recently shown significant on-chain transfer activity. According to on-chain data analysis firm Onchain Lens tracking, the multi-signature management wallet of ONDO transferred a total of 25 million ONDO tokens in a single transaction to multiple centralized exchanges, with a total value of approximately $10.33 million.
The most notable transfer involved 5 million ONDO tokens worth $2.05 million being sent to the wallet address of well-known trader Arthur Hayes. This transfer may signal several possibilities: either institutional-level position adjustments or funds reserved for trading activities.
In the current market environment, large token inflows into exchanges are often interpreted as potential sell signals. However, considering ONDO’s status as a leader in RWA (Real-World Asset Tokenization) and Hayes’s influence as a seasoned trader, this transfer could also be just a partial position adjustment rather than a full-scale sell-off. Continuous monitoring of these addresses’ subsequent movements will be crucial.