Ondo Finance Team Moves 13M ONDO to Coinbase Amid Estimated $30M Sell-Off

An address associated with Ondo Finance has moved 13.43 million ONDO tokens to Coinbase, an action often interpreted as preparation for a sale.

The transfer is part of a larger pattern of significant token flows from team-associated wallets, which market participants closely watch for potential supply overhangs.

According to data from ai_9684xtpa, the same address has sold approximately $29.94 million worth of ONDO over the past 30 days and still holds about $12.68 million in the token.