Ondo: Multisig Sends 150M Tokens Worth $49.56M

Ondo multisig transferred 150 million ONDO tokens valued at $49.56 million to address 0xEA5785E1727DE2Ba2CEfd102Cb2Dd91E018675e1 eight hours ago, continuing a monthly pattern that has delivered 425 million tokens worth $147 million since April 22.

Both prior receipts were later routed in batches to Coinbase, with final destination still unknown. The move arrives while ONDO price prediction models watch for resolution of the current bearish structure.

Price sits at $0.32 testing the lower Bollinger Band support exactly where EMA50 resistance at $0.35 and EMA200 at $0.37 cap upside; MACD death cross at -0.01 keeps momentum negative while RSI at 36.86 leaves room for further downside before any relief rally. Institutional desks tracking crypto whale movement impact will monitor whether this wallet repeats the Coinbase deposit sequence or diverts flows elsewhere.