$ONDO may look quiet on the chart… but on-chain tells a different story 👀

A few hours ago, a large amount of tokens was moved out of Coinbase, passed through several wallets, and ended up in a project-linked vault now holding 68.06M $ONDO (~$17.9M).

At the same time, wallets linked to the team have become active again, moving tokens in a way that looks more like preparation than normal activity.

Meanwhile, Ondo Finance’s TVL has been steadily rising for months, now around $3.55B, mostly unnoticed.

$ONDO has been in accumulation for over two months. Funds and team wallets held through the dip, and now vault activity and internal movements are starting to align.

Overall, a quietly bullish signal.