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Whale 0x4d1 deposited 6.66M ONDO ($7.74M) to Coinbase Prime 10 hours ago at $1.16.

 

Notably, all the deposited ONDO originated from Gnosis Safe Wallet 0x524, which received 400M ONDO from the Ondo project 19 hours ago.

 

This deposit is likely associated with the upcoming 1.4B ONDO vesting event scheduled for January 18, 2025, covering Private Sales, Protocol Development, and Ecosystem Growth allocations.

 

The price of ONDO has declined by -2.45% since the time of the whale's deposit.

 

Fig 1. Whale 0x4d1 deposited 6.66M ONDO ($7.74M) to Coinbase Prime

 

Fig 2. Visualize the flow of ONDO tokens from the Ondo project to Whale 0x4d1.

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