Two Ondo Finance wallets deposited $12.2M in ONDO to Coinbase Prime.

Seven wallets still hold 276.7M ONDO, each with 39.53M $ONDO.

More deposits could increase selling pressure and impact ONDO’s price.

Two wallets linked to Ondo Finance have moved 13.83M ONDO ($12.2M) to Coinbase Prime. These wallets belong to a group of seven that received 49.41M ONDO ($35.4M) each from Ondo Finance’s multi-sig address on September 24, 2024. Since February 5, 2025, these wallets have deposited 69.17M ONDO ($74.9M) to Coinbase Prime. A massive amount of ONDO remains, suggesting more moves could follow.

Tracking ONDO Transfers

The seven wallets still hold 276.7M ONDO ($244M). Each contains 39.53M $ONDO ($34.8M). Deposits so far have averaged $1.083 per token, much higher than the $0.717 price when the wallets received their allocations. These transactions suggest a strategy. Selling in portions prevents price crashes and secures profits. If more deposits appear, stronger selling pressure could emerge.

A close watch on these crypto wallets can offer insights into future moves. Whale movements often create opportunities. Some traders see large deposits as a bearish signal. Others wait for dips to buy at lower prices. Understanding the timing of these transactions helps in making better trading decisions.

Market Impact of ONDO Sales

Large sales can shift prices fast. More deposits to Coinbase Prime could push ONDO lower. If buyers absorb the supply, stability may continue. If demand weakens, a pullback could follow. Wallet movements tell a story. Over $244M in ONDO remains across these wallets. Any sudden shift could impact market trends.

Tracking these deposits helps traders react before major price changes. A single move does not define a trend. Watching patterns over time reveals the bigger picture. More deposits could signal continued selling, while a pause might suggest accumulation. Staying informed allows traders to adjust strategies and protect profits in a volatile market.  Read MoreNews, Altcoin News, Altcoin, Crypto market, cryptocurrency, Ondo (ONDO) 

​Cryptonewsland – Your Daily Crypto News