TechFlow, January 18 — According to Arkham monitoring data, there has been a suspected large-scale transfer of ONDO tokens recently. A Pantera Capital wallet and Ondo Finance have moved over 200 million ONDO (worth up to $80 million) to a multi-signature address "0x5240," suggesting that early investors and the project team may be planning a sell-off, as this multi-sig address has already distributed tokens to CEXs. In the past hour alone, approximately 4 million ONDO were transferred to Binance. Additionally, Coinbase, OKX, and Kraken have recently received tens of millions of ONDO tokens via intermediary wallets. Analysts believe these movements could also be part of routine token unlocks, but traders should closely monitor liquidity depth.
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