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New wallet withdraws 41.87 million ONDO from exchange in 20 hours
【Blockchain Rhythm】 On-chain data shows that a newly created wallet address 0xFFE withdrew a total of 41.87 million ONDO tokens from a major trading platform within the past 20 hours, equivalent to approximately $14.34 million at the time. This large transfer immediately drew market attention—whether it was the first action of a new address or such a large single withdrawal, it signals that someone is quietly building a position. Moving such a large amount of ONDO out of the exchange suggests that someone is optimistic about the future market and does not intend to leave it on the exchange. It could also be an institution adjusting its asset allocation. Anyway, these on-chain big moves often reveal the true intentions of smart money.