TechFlow reported on March 25 that, according to blockchain analyst Spot On Chain (@spotonchain), two wallets associated with Ondo Finance deposited 13.83 million ONDO tokens (approximately $12.2 million) into Coinbase Prime four hours ago.
These two wallets are part of a group of seven specific wallets, each of which received 49.41 million ONDO (worth $35.4 million at the time, priced at $0.717 per token) from Ondo Finance's multi-sig wallet 0x677 on September 24, 2024.
Since February 5, 2025, these wallets have collectively deposited 69.17 million ONDO (approximately $74.9 million) into Coinbase Prime via the same deposit address, at an average price of $1.083 per token.
Currently, a total of 276.7 million ONDO (approximately $244 million) remains across these seven wallets, with each wallet holding 39.53 million ONDO (approximately $34.8 million).
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