An organization or team has transferred 6.7 million LDO to CEX in the last 20 hours, and 17.81 million LDO to CEX in the last 4 days

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According to a report by PANews on May 17, based on monitoring conducted by on-chain analyst Yu Jin, another 6.7 million LDO (6.61 million USD) has entered Binance, OKX, Bybit, and Gate in the last twenty hours. The organization or team has transferred 17.81 million LDO (18.14 million USD) to CEX in the last four days. During this period, the price of LDO has also decreased from $1.16 to the current $0.93, a drop of 20%.

Reports yesterday indicated that in the past three days, two addresses, including one that may belong to the Lido team, have transferred 11.11 million LDO (11.53 million USD) to Binance, OKX, Bybit, and Gate.

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