The Ondo project team has transferred 150 million ONDO from the project's address, out of which 21.33 million ONDO has been sent to a Centralized Exchange (CEX).

BlockBeats News, May 12th, according to on-chain analyst Yu Jin, the multi-sig address of the Ondo project team transferred out 150 million ONDO tokens (worth approximately $63.88 million) 7 hours ago, and then 21.338 million ONDO tokens (worth approximately $9.15 million) of them were transferred to Coinbase and Bybit 1 hour ago.