Ondo Finance transferred 116 million ONDO tokens, worth approximately $30.21 million, to Coinbase within a month and a half.

CoinFeed reported on April 10th that, according to on-chain analyst Yu Jin, approximately 116 million ONDO tokens (US$30.21 million) have been transferred from Ondo Finance's multi-signature wallet to Coinbase over the past month and a half. Essentially, around 20 million ONDO tokens are transferred out to a multi-signature wallet each week, and then split into multiple transfers to Coinbase over the following days.