On January 22, according to monitoring by @ai_9684xtpa, the ONDO team is suspected of selling off 20 million ONDO tokens. The massive sell-off leans toward a significant price drop, causing ONDO's price to plunge by 13% in a relatively short amount of time.
Based on observed transactions, the address 0x415...72298 received 50 million ONDO tokens, worth around US$10.97 million, from the ONDO team's multi-signature address three days prior. This same address then transferred 10 million ONDO to the crypto exchanges Gate and Kucoin just three hours ago.