Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 14476
Markets: 101368
Crypto Token Tracker logo Crypto Token Tracker logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
Market Cap
24h Vol
14476
Cryptocurrencies
60.65%
Bitcoin Share
BitcoinSistemi 2025-03-25 21:32:07

According to Onchain Data, In This Altcoin, Developers Are Moving Large Amounts of Altcoins to Exchanges

According to Onchain Data, In This Altcoin, Developers Are Moving Large Amounts of Altcoins to Exchanges

According to cryptocurrency onchain data, the development team of an altcoin transferred a large amount of tokens to the cryptocurrency exchange Coinbase. According to data provided by SpotOnChain, two cryptocurrency wallets associated with Ondo Finance (ONDO) today transferred 13.83 million ONDO tokens worth $12.2 million to Coinbase Prime. These wallets obtained 49.41 million ONDO tokens worth $35.4 million each from Ondo Finance’s multisig wallet 0x677 on September 24, 2024. At that time, the ONDO price was $0.717. Related News: End of an Era: Another US Government Agency Ends Cryptocurrency Hostility The crypto wallets in question have deposited a total of 69.17 million ONDO tokens worth $74.9 million to the same Coinbase deposit address since February 5, 2025. The average token price of these deposits was $1.08. Currently, these addresses currently hold $244 million in assets, including $34.8 million worth of ONDO tokens in each, across seven different cryptocurrency wallets. At the time of writing, ONDO is trading at $0.918. So if these developer wallets used these transfers for sales purposes, it seems like they implemented the right strategy. *This is not investment advice. Continue Reading: According to Onchain Data, In This Altcoin, Developers Are Moving Large Amounts of Altcoins to Exchanges

Most Read News

Market Cap
24h Vol
60.65%
Bitcoin Share
770
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.