On-chain activity: $23.10 million worth of ONDO tokens transferred from the team address, possibly to be deposited into an exchange

RumbleValidator · 2026-01-10T07:00:11+00:00

On-chain data shows that $23.10 million worth of ONDO tokens were transferred from the project's address and dispersed to four wallets. These wallets have a history of deposits to exchanges, which is expected to impact ONDO's liquidity and price. The market should monitor subsequent developments.

RumbleValidator

2026-01-10 07:00:11

Abstract generation in progress

【CryptoWorld】On-chain data tracking reveals that a transfer of $23.1 million worth of ONDO tokens was made from a suspected project team address early this morning, subsequently dispersing into four different wallets. The reason this action has attracted attention is that—these four wallets have clear historical records, previously continuously depositing ONDO into major exchanges in stages.

In other words, this large transfer is very likely just a prelude. Based on past operational patterns, there is a high probability that these newly transferred tokens will continue to flow into exchanges. Once concentrated in the market, it could put short-term liquidity and price pressure on ONDO, and the market should monitor subsequent on-chain movements.

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