The multisig wallet related to Ondo Finance has transferred 24,475 million ONDO to Coinbase, equivalent to approximately 6.12 million USD at current prices.
On-chain data from Ember Monitoring shows that transactions occurred a few hours ago, raising concerns about liquidity transfer or preparations for trading on the centralized exchange.
MAIN CONTENT
24,475 million ONDO has been transferred from the multisig wallet to Coinbase.
The estimated value is approximately 6.12 million USD at current prices.
The transaction was recorded a few hours ago according to on-chain tracking.
Transfer ONDO to Coinbase
A multisignature wallet under Ondo Finance has transferred approximately 24.475 million ONDO tokens to Coinbase, worth about 6.12 million USD.
According to Ember Monitoring, the transaction took place a few hours before the report on 24/02. Notably, the sending source is described as a multisignature wallet, typically used for fund management or treasury, rather than a personal wallet.
The token being transferred to a centralized exchange like Coinbase is often closely monitored by the market as it may relate to liquidity needs, asset reallocation, or preparations for selling/buying; however, the original content does not provide a specific purpose for the transaction.
#StrategyBTCPurchase #VitalikSells #TrumpNewTariffs #TokenizedRealEstate #BTCMiningDifficultyIncrease