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The Ondo team has again transferred $34 million worth of tokens from the main wallet to a new address.

According to on-chain analyst onchainschool.pro (@how2onchain), the ONDO team has again transferred $34 million worth of ONDO tokens from its main wallet to a new wallet address.

Ondo Finance’s multisig wallet has continuously transferred ONDO tokens to Coinbase over the past six weeks, totaling 116 million tokens.

According to on-chain analyst Ember (@EmberCN), approximately 116 million ONDO tokens (valued at roughly $30.21 million) have been transferred from the Ondo Finance multisig wallet to Coinbase over the past ~six weeks. The transfer pattern shows a clear regularity: roughly 20 million ONDO tokens are transferred weekly from the multisig wallet to another multisig address, followed by multiple smaller transfers to Coinbase within several days.