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Ondo Finance wallets move nearly 20M ONDO tokens amid $800M TVL milestone, signaling mixed sell-off and long-term holding.

Technical Signals
18 Apr 2026
Blockonomi
View Source
Neutral
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Ondo Finance-related wallets transferred nearly 20 million ONDO tokens recently, with 15 million moving to a multi-sig wallet and 4.9 million to a wallet linked to potential sell-off activity. Meanwhile, two whale investors shifted 2.84 million tokens from Coinbase Hot Wallet to Coinbase Custody, indicating long-term holding intentions. This activity coincides with Ondo Finance surpassing $800 million in tokenized stock total value locked (TVL), highlighting growing institutional interest. However, the large token movements suggest a balance of profit-taking pressure and confident accumulation, creating a mixed outlook for ONDO token sentiment.

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