Ondo Finance’s multisig wallet moved 150 million ONDO tokens—equivalent to roughly $49.56 million—into an unidentified address, a transaction recorded about eight hours ago.
Pattern of High‑Volume Transfers
On‑chain analyst ai_9684xtpa reports that the destination address has repeatedly received sizable ONDO shipments each month. Since April 22, the address has gathered 425 million ONDO, worth approximately $147 million at today’s market price, a figure that draws attention across the crypto market.
Potential Intent and Historical Context
Two earlier large transfers were later split into several deposits on Coinbase, suggesting a tendency to move tokens onto an exchange before liquidation. Although the latest transfer’s purpose remains unverified, the recurring Coinbase deposits fuel speculation that the team could