The suspected team address has transferred 6.7 million LDO to CEX in the past 20 hours, and 17.81 million LDO has been transferred to CEX in the past 4 days
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Planet Daily News: According to on-chain residue monitoring, the suspected Lido team's affiliated address has again transferred 6.7 million LDO (approximately $6.61 million) to Binance, OKX, Bybit, and Gate within the past 24 hours. This institution or team has cumulatively transferred 17.81 million LDO (approximately $18.14 million) to centralized exchanges in the past 4 days. The LDO price has also retraced from $1.16 to the current $0.93 during this period, a decline of 20%.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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