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TechFlow reports, according to AI Aunt's monitoring, the ONDO project team is suspected of dumping 20 million tokens, causing the token price to drop 13% in a short period.
The address (starting with 0x415) received 50 million ONDO (worth $10.97 million) from the project's multisig address three days ago. Three hours ago, it deposited 10 million tokens each to Gate and Kucoin—this may be the main reason for the price drop at 09:20 this morning.
According to AI Aunt's monitoring, the ONDO project team is suspected of dumping 20 million tokens, causing the token price to drop 13% in a short time. The address (starting with 0x415) received 50 million ONDO (worth $10.97 million) from the project's multisig address three days ago. Three hours ago, it deposited 10 million tokens each to Gate and Kucoin—this may be the main reason for this morning's 09:20 price drop.
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