The on-chain monitoring platform detected a key transfer—$23.1 million worth of ONDO tokens were dispersed from a suspected project team address early this morning, flowing into four different wallets. Interestingly, the historical behavior of these four addresses is very regular: they have been continuously depositing ONDO into exchanges. The new tokens arriving this time can largely be predicted—the likely destination is also exchanges. From on-chain activity, such batch transfers and dispersed arrangements usually indicate planned liquidity provision. Market participants may need to pay attention to ONDO's price fluctuations in the near future.