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Just happened — 6 hours ago, the Ondo project’s multi-signature wallet transferred out a total of 25 million $ONDO tokens, approximately $10.19 million USD. This amount was subsequently split into 5 leading exchanges, including Coinbase, OKX, Bybit, Gate, and Kucoin.
From the wallet activity, this is a typical large inflow signal. Such a transfer usually indicates either project team operational adjustments or institutional fundraising. Regardless of the situation, it’s worth monitoring the liquidity and price performance of ONDO on these exchanges in the short term.
On-chain data doesn’t lie; you can verify this transaction yourself. If you’re tracking ONDO or monitoring whale movements, this signal can be incorporated into your analysis framework.