Woofun AI reports that an Ondo team-associated address (0xEA5...5e1) transferred 26.05 million ONDO, valued at $9.79 million, to Coinbase. This wallet previously received 150 million ONDO from the Ondo team multi-signature address on June 23. The transaction aligns with a historical pattern of receiving tokens, holding them temporarily, and subsequently transferring to exchanges, though the specific intent remains undisclosed.