A certain address has received a cumulative total of 425 million ONDO; 8 hours ago, it received another 150 million ONDO transferred from the Ondo team's multi-signature wallet.

Odaily reports that according to on-chain analyst Ai Yi's monitoring, the Ondo team's multisig wallet transferred 150 million ONDO (worth $49.56 million) to a certain address 8 hours ago. This address has received a cumulative total of 425 million ONDO since April 22, worth a total of $147 million. After the two previous transfers, the tokens were deposited into Coinbase in batches; the purpose remains unknown.