The address suspected to belong to the Lido team has transferred 11.11 million LDO to CEX in the past three days, and may continue to transfer 19.41 million LDO

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On May 16, according to Yuji monitoring, over the past 3 days, 2 addresses, including one that may belong to the Lido Finance team's affiliated address, transferred 11.11 million LDO ($11.53 million) to Binance, OKX, Bybit, Gate.

5 hours ago, they continued to transfer out 19.41 million LDO ($19.25 million), which is expected to be transferred to major CEXs in the following period.

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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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