Data: GSR deposited 3.5 million ONDO to Bybit 11 hours ago, approximately 4.27 million USD

ChainCatcher message, according to on-chain analyst @ai_9684xtpa's monitoring, after Upbit listed ONDO, GSR Markets allegedly reduced their holdings of ONDO and deposited 3.5 million ONDO to Bybit 11 hours ago, worth 4.27 million dollars.

GSR has been continuously accumulating 9 million ONDO since February this year, with an average price of only 0.5718 dollars (deposit price 1.22 dollars). If they sell all this time, they will profit 2.26 million dollars, and currently still hold 3.5 million tokens.