$ONDO TEAM RELATED WALLET MOVED 26M TO COINBASE 💸
Notice what happened here? The Ondo team’s multi-sig sent 150M ONDO to an address on June 23rd. That address held for nearly a month, then transferred 26M ONDO (~$9.8M) to Coinbase just 11 hours ago.
This follows the exact same pattern as previous movements: team wallet → holding address → exchange deposit. Supply hitting the books usually means one thing — and it’s rarely bullish for price action.
Are you watching the order book for signs of distribution or do you think it’s just a routine rebalance?
Not financial advice. Always manage your risk.
#ONDO #TokenUnlock #ExchangeTransfer #Altcoins #CryptoAlert 💸