According to Arkham monitoring, about 8 hours ago, the BUIDL Fund marked address of Belrade transferred 300,000 USDC to the Ondo Finance address.
Historical data shows that about a week ago, Circle's hot wallet transferred 13 million USDC to the BUIDL Fund marked address of Belrade. Subsequently, Belrade's BUIDL Fund began transferring USDC funds to Ondo Finance and some unmarked addresses.