$ONDO’s chart may look quiet, but on-chain data is telling a different story.
A few hours ago, a large amount of tokens was transferred out of Coinbase, routed through multiple intermediary wallets, and eventually funneled into a project-linked vault now holding 68.06M $ONDO (~$17.91M).
At the same time, team-associated wallets have become active again, moving tokens across addresses in a pattern that looks more like preparation than routine transactions.
Meanwhile, Ondo Finance’s TVL has been quietly climbing for months, now sitting around ~$3.55B — largely under the radar.
$ONDO has been accumulating for over two months. Funds and team wallets held through the entire downtrend, and now vault activity and internal movements are aligning.
A relatively bullish signal.