{"id":902867,"date":"2026-05-02T04:12:57","date_gmt":"2026-05-02T09:12:57","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/05\/02\/pantera-capital-transfers-83-9-million-ondo-tokens-sparking-selloff-concerns\/"},"modified":"2026-05-02T04:12:57","modified_gmt":"2026-05-02T09:12:57","slug":"pantera-capital-transfers-83-9-million-ondo-tokens-sparking-selloff-concerns","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/05\/02\/pantera-capital-transfers-83-9-million-ondo-tokens-sparking-selloff-concerns\/","title":{"rendered":"Pantera Capital Transfers 83.9 Million ONDO Tokens, Sparking Selloff Concerns"},"content":{"rendered":"
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You are here: Home<\/span><\/a><\/span> \/<\/span> Cryptocurrency News<\/span><\/a><\/span> \/<\/span> Pantera Capital Transfers 83.9 Million ONDO Tokens, Sparking Selloff Concerns<\/p>\n

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\"Pantera<\/p>\n

Ondo Finance (ONDO) token is showing steady upward momentum despite notable large-scale on-chain transfers involving early investors that have drawn market attention. The token continues to maintain active trading levels, supported by consistent liquidity and a strong presence in the real-world asset (RWA) sector.\u00a0<\/p>\n

Currently, ONDO is trading around $0.2678, recording a 1.90% gain over the past 24 hours, alongside a trading volume of $72.60 million. Its market capitalization stands at $1.30 billion, reflecting steady activity despite recent developments.<\/p>\n

Also Read | WLFI Slides 17% in Two Days as Token Unlock Vote Hits Investor Confidence<\/a><\/strong><\/p>\n

Ondo Finance TVL Surpasses $825 Million<\/h2>\n

Ondo Finance operates as a significant player in the developing RWA industry. According to the recent post<\/a> by Raremints, the company creates an opportunity to access conventional financial tools such as U.S. Treasuries and stocks through blockchain technology. By bringing these assets on-chain, the token connects traditional finance with decentralized finance, creating new opportunities for global liquidity access.<\/p>\n

Reports indicate that the network holds a dominant share in the tokenized securities space, controlling nearly 70% of the market. The company owns over 70% of the tokenized securities market. Currently, token controls over $825M in terms of total value locked (TVL). To achieve this result, the token partners with well-known financial infrastructure companies like Broadridge Financial Solutions.<\/p>\n

Large ONDO Transfer Raises Market Attention<\/h2>\n

Recent blockchain data reveals<\/a> that Pantera Capital, a key backer of the token, transferred approximately 83.9 million tokens, valued at around $22.11 million. The transfer has raised speculation about a potential sell-off, although no confirmation has been made regarding the intent behind the movement.<\/p>\n

The receiving wallet has a prior history with Ondo-related transactions. Specifically, one year ago, it got 34.28 million tokens ($42.52M) transferred from the token\u2019s multisig wallet. Afterward, the wallet divided these tokens into multiple transactions to transfer them to the Coinbase Prime wallet.<\/p>\n

Token Expands Utility With Future Revenue Plans<\/h2>\n

Looking ahead, the token is preparing to expand its product offerings with the introduction of \u201cOndo Perps,\u201d a derivatives-focused platform. In addition, the project plans to implement fee collection mechanisms by 2026, signaling a transition toward a revenue-generating model rather than functioning solely as a governance token.<\/p>\n

This shift could play a key role in strengthening the token\u2019s long-term value proposition. In particular, due to the rising demand for real-world assets and their tokenization, the token can grow in the long term.<\/p>\n

Also Read | PayPal Restructures With High-Stakes Move to Boost Growth and Dominate Digital Payments<\/a><\/strong><\/p>\n<\/div>\n

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About Bena Ilyas<\/span><\/h3>\n

Bena Ilyas is a Global News Correspondent and Market Analyst at Tronweekly with over four years of experience covering global cryptocurrency, blockchain, and Web3 developments. She has written 1,000+ articles for leading crypto news platforms, reporting on Bitcoin, Ethereum, altcoins, DeFi, and global crypto regulation, alongside Web3 trends, Layer 2 ecosystems, and AI-driven crypto use cases. Her work is based on verified sources and fact-based reporting for global market participants.<\/p>\n<\/section>\n

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\n Bena Ilyas<\/p>\n","protected":false},"excerpt":{"rendered":"

You are here: Home \/ Cryptocurrency News \/ Pantera Capital Transfers 83.9 Million ONDO Tokens, Sparking Selloff Concerns Ondo Finance (ONDO) token is showing steady upward momentum despite notable large-scale on-chain transfers involving early investors that have drawn market attention. The token continues to maintain active trading levels, supported by consistent liquidity and a strong<\/p>\n","protected":false},"author":1,"featured_media":902868,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[248,54690],"tags":[],"class_list":{"0":"post-902867","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-capital","8":"category-pantera"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/902867","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=902867"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/902867\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/902868"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=902867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=902867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=902867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}