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Long-Term ONDO Holder Moves $4.47 Million in Tokens to OKX

The address deposited 9 million ONDO at $0.4963 each after providing liquidity on Uniswap for more than a year.

Mentioned assets
Unmarked tokens placed into a clear exchange deposit tray / TokenPost.ai (mono)
Unmarked tokens placed into a clear exchange deposit tray / TokenPost.ai (mono)

On Oct. 9, an address that held ONDO for more than a year deposited 9 million tokens worth about $4.47 million to OKX at $0.4963 each, a move that may signal a full exit.

The address was mcaavebank.eth. The wallet had previously provided liquidity for ONDO on Uniswap, a decentralized exchange, before transferring the tokens to the centralized exchange.

ONDO traded between $0.70 and $1.30 about a year ago.

The deposit places the tokens on an exchange where they can be traded, but the transfer alone does not show whether the tokens were sold.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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