Arthur Hayes Moves $24.7M in ONDO Tokens to Major Exchanges
A Gnosis Safe Proxy wallet transferred 11.67 million ONDO tokens, including 3.89 million sent to Arthur Hayes' Bybit deposit address, continuing the trend of major ONDO token movements.
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Fact Check
The statement is strongly corroborated by multiple sources, including crypto news outlets (Bitget, AMBCrypto, Moomoo) and on-chain analysts (Lookonchain, Ai). The evidence consistently reports that Arthur Hayes transferred 26.28 million ONDO tokens, valued at approximately $24.7 million, to major centralized exchanges.
Summary
On October 5, 2025, OnchainLens reported that a Gnosis Safe Proxy wallet transferred 11.67 million ONDO tokens, worth about $10.87 million, to trading platforms. Of these, 3.89 million ONDO, valued at approximately $3.63 million, were sent to Arthur Hayes' Bybit deposit address. Over the past month, a total of 40.77 million ONDO, worth roughly $41.25 million, have been deposited into Hayes' Bybit address.
Terms & Concepts
- ONDO Token: A cryptocurrency associated with the Ondo project, typically used within its ecosystem for governance, utility, or investment purposes.
- Gnosis Safe Proxy: A smart contract wallet that enables secure management of cryptocurrency assets, often used by organizations or individuals for more advanced asset control.
- Bybit: A popular centralized cryptocurrency exchange known for trading derivatives, spot trading, and offering leverage options.