BlockBeats News, December 4th, according to ai_9684xtpa monitoring, in the past three hours, an Arthur Hayes-associated address has deposited $8.66 million worth of ONDO into Gate and Bybit.
This address had received a transfer of 39.91 million ONDO to a multisig address two months ago (funds originated from the Flux Finance team address), and currently still holds tokens worth $20.43 million.
ONDO, as a token representing the Real World Asset (RWA) concept, has surged by 72% in the past seven days.