Ondo: Wallet Sends $9.79M Tokens to Coinbase

Ondo team-associated wallet transferred 26.05 million ONDO tokens valued at $9.79 million to Coinbase after holding for hours, matching the established sequence of multi-sig receipt followed by exchange deposit.

The address first collected 150 million ONDO from the team multi-sig on June 23 and has now executed the second leg of the pattern seen in prior cycles totaling 425 million tokens since April.

Price action on the 4h chart shows ONDO trading at $0.38 inside the Bollinger Bands with upper resistance at $0.4; the bullish MACD golden cross at 0.01 supports continuation while neutral RSI at 60.43 leaves room before any overbought signal, and a retracement toward the EMA50 support at $0.35 remains the highest-probability next move ahead of further upside tests. This flow arrives amid broader ONDO price prediction discussions and does not signal an immediate crypto market crash but warrants monitoring for exchange liquidity impact.