ONDO large transfers attract attention. Monitoring data shows that $23.1 million worth of ONDO was sent from a suspected team wallet early this morning, dispersing to 4 different addresses. Interestingly, these addresses have previously done the same thing—regularly transferring tokens to exchanges. This time is no different; the transferred tokens are likely to end up on exchanges eventually. Such large transfers often serve as market indicators, and many people are watching this movement.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
7
Repost
Share
Comment
0/400
HodlKumamon
· 18h ago
Here we go again, is the team about to dump again? 23.10 million looks intimidating, but when you think about it openly, it's just so-so.
I've seen this trick of transferring coins into exchanges at dawn countless times, data speaks—after this pattern appears, within 72 hours, the market sentiment index on average drops by 8.3%. But historically, it's actually a good time for dollar-cost averaging.
Coins moving to exchanges ≠ necessarily a dump. Don't be fooled by appearances; can we stay rational?
View OriginalReply0
WhaleMistaker
· 01-10 07:56
Coming back to buy the dip? This wave of ONDO might be about to crash the market.
View OriginalReply0
StableGenius
· 01-10 07:50
here we go again, $23M dumpage incoming. empirically speaking, this pattern is so predictable it's almost insulting—team wallets → exchange addresses → inevitable selling pressure. contrary to popular belief, market "signals" aren't exactly rocket science once you've seen it three times.
Reply0
FlashLoanPhantom
· 01-10 07:49
It's the same trick again—team members transferring coins to the exchange, basically trying to dump the market.
View OriginalReply0
TestnetNomad
· 01-10 07:48
$23.1 million poured in, is this wave going to dump again?
View OriginalReply0
GateUser-4745f9ce
· 01-10 07:44
Here comes the dump again? 23.1 million heading straight to the exchange, this rhythm...
I'm nervous whenever the team switches coins, I really don't know if this is a dump or what.
ONDO's routine feels a bit familiar, always like this.
Wait, could it be pre-accumulation before a pump? Not really convinced.
Large transfers = warning of a dump, no problem.
Transferring coins in the early morning is never a good sign, is this an unspoken rule?
Four addresses transferring simultaneously, this level of dispersion is too obvious haha.
The team is busy again, retail investors, don’t sleep too soundly.
23.1 million... if this money goes into the exchange, will ONDO drop?
View OriginalReply0
TokenomicsShaman
· 01-10 07:43
Here comes another dump, the team’s coins are moving again.
This trick is played out. Seeing such large transfers, you know it’s not good news.
$23.1 million heading straight to the exchange? It’s a sure sign of a dip again.
Wait, why does the team always play like this? Can't they just hold on properly?
That’s why I don’t believe in ONDO’s long-term...
ONDO large transfers attract attention. Monitoring data shows that $23.1 million worth of ONDO was sent from a suspected team wallet early this morning, dispersing to 4 different addresses. Interestingly, these addresses have previously done the same thing—regularly transferring tokens to exchanges. This time is no different; the transferred tokens are likely to end up on exchanges eventually. Such large transfers often serve as market indicators, and many people are watching this movement.