ONDO On-Chain Activity Raises Flags as Wallets Route Large Batches to CEX Addresses

TLDR: On-chain researchers have flagged wallets consistently routing large ONDO batches to CEX deposit addresses. Binance, Gate, and Coinbase are the three centralized exchanges receiving the flagged ONDO transfers. The coordinated wallet routing pattern points to either a single entity or a group acting together. ONDO trades at $0.24, where increased sell-side pressure could test [...]

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