COINOTAG reported on August 20 that LookIntoChain on-chain monitoring identified a newly created wallet withdrawing 1.35 million ONDO from Binance within the past hour, equal to about $1.26 million, alongside a simultaneous withdrawal of 1.6 million ENA, roughly $1.03 million in fiat terms.

The transactions are recorded on-chain and validated by analytics providers, representing a near-term exchange outflow that temporarily lowers exchange-held liquidity for the specified tokens; all figures are drawn from public chain data and platform reporting without conjecture on intent.

Market participants and analysts should track the originating wallet and subsequent on-chain flows via LookIntoChain and comparable analytics to monitor concentration and liquidity movements, while refraining from speculative conclusions absent further verifiable information.