Ondo Multisig Wallet Transfers 25 Million ONDO to Top 5 Exchanges Worth Over $10 Million

Major ONDO Token Transfer Sparks Market Buzz

Blockchain monitoring data reveals that a multisig wallet linked to Ondo has recently transferred 25 million ONDO tokens to five major exchanges including Coinbase, OKX, Bybit, Gate, and Kucoin within the last six hours.

Fund Flow and Market Reaction

The transfer, valued at $10.19 million, has drawn significant attention from industry analysts. Experts suggest the move could signal the token's impending circulation or represent strategic portfolio adjustments by institutional players.

• Exchanges involved: Coinbase, OKX, Bybit, Gate, Kucoin
• Total token amount: 25 million ONDO
• Estimated value: Approximately $10.19 million