$LDO Nansen CEO Alex Svanevik (@ASvanevik) has deposited 1 million $LDO, valued at $1.48 million, into Coinbase

He still holds another 1 million $LDO, also worth $1.48 million, with $LDO trading at approximately $1.48 per CoinGecko. This move, possibly signaling profit-taking or portfolio rebalancing, comes amid Lido’s strong performance as the leading liquid staking protocol, with over $25 billion in TVL.

What’s your take—is Svanevik cashing in on $LDO’s run, or repositioning for a bigger DeFi play?