Pantera Capital transferred out 83.9 million ONDO tokens 5 hours ago, possibly in preparation for sale.

CoinFeed reported on May 1st that, according to on-chain analyst Yu Jin, Pantera Capital, the lead investor in Ondo, transferred out 83.9 million ONDO tokens (US$22.11 million) five hours ago. These tokens may be sold in the future. The address receiving these ONDO tokens from Pantera Capital had previously received 34.28 million ONDO tokens (US$42.52 million) from the Ondo project's multisignature address a year ago, and then transferred them to Coinbase Prime in batches.