Data: Ondo Finance's multi-signature wallet has continuously transferred ONDO to Coinbase for nearly a month and a half, totaling 116 million tokens

According to on-chain analyst Yu Jin (@EmberCN), approximately 116 million ONDO (worth about $30.21 million) have been gradually transferred from the Ondo Finance multi-signature wallet to Coinbase over the past month and a half.

The transfer pattern shows a clear trend: approximately 20 million ONDO are transferred from the multi-signature wallet to another multi-signature address almost every week, and then within a few days, the funds are split into multiple transactions and gradually transferred to Coinbase.