According to EmberCN, the latest 10 million ONDO transfer to Coinbase was reported on March 12 and followed a larger 24.475 million ONDO move from the same multisig wallet roughly half a month earlier.
According to EmberCN, an Ondo Finance multisig wallet transferred 10 million ONDO worth about $2.58 million to Coinbase in a move reported on March 12. EmberCN also said the same wallet had transferred 24.475 million ONDO worth about $6.12 million to Coinbase around half a month earlier. The reported data describes on-chain wallet activity and does not state the purpose of either transfer.