An Ondo-linked address identified as 0xEA5...5e1 received 150 million ONDO from an Ondo team multisig wallet on June 23, according to monitoring by on-chain analyst @ai_9684xtpa. The same address then transferred 26.05 million ONDO to Coinbase 11 hours ago, with the deposited tokens valued at about $9.79 million at the time of the move. The analyst said the sequence matches a pattern seen before: tokens are received, held for a period, and later moved to an exchange. The purpose of the transfer has not been disclosed. The update was reported by ChainCatcher as a 7x24 news flash.
ChainCatcher reported, citing monitoring by on-chain analyst @ai_9684xtpa, that an Ondo-linked address, 0xEA5...5e1, received 150 million ONDO from an Ondo team multisig wallet on June 23.
The address then deposited 26.05 million ONDO to Coinbase 11 hours ago. The transferred amount was valued at $9.79 million.
According to the analyst, the transaction flow matches a previous pattern in which tokens are received, held for some time, and then moved to an exchange. The purpose of the transfer remains unknown.
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