Early Ondo Finance Investor Deposits $2 Million Worth of ONDO to Exchanges in 2 Hours

IconCrypto News Terminal26 Apr, 2024

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Early Ondo Finance Investor Deposits $2 Million Worth of ONDO to Exchanges in 2 Hours

An on-chain analyst, @ai_9684xtpa, reported that an early investor address (starting with 0x5f13) of Ondo Finance (ONDO) deposited 2.5 million ONDO ($2 million) to Bybit and Gate.io within the last 2 hours. The address is assumed to belong to an early investor or market maker who has been depositing to several exchanges after withdrawing 44 million ONDO from Coinbase in the past four days. Previously on April 25, 2024, @ai_9684xtpa reported that an early investor address (starting with 0x5f13) of Ondo Finance (ONDO) had deposited 2.5 million ONDO ($2 million) to Bybit and Gate.io within the last 2 hours.

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