Whale Dumps Shake #ldo and #BLUR —Heavy Selling Spurs Double-Digit Drops

A large whale—or possibly an institution—has been offloading serious bags of $LDO and $BLUR, sparking major declines in both tokens over the past week.

According to on-chain data, the wallet 0xC4Db5dB4c8945c120B0425a68435b2A15852E611 deposited 21.3 million $LDO (worth $21.6 million) and 34.2 million $BLUR (worth $4 million) into exchanges—likely preparing for or already executing a large-scale dump.

As a result:

$LDO has dropped 25%

$BLUR has dropped 20%

And it may not be over yet. The whale still holds 9.22M $LDO ($8.15M) and 43.69M $BLUR ($4.5M), keeping the market on edge as traders brace for more potential sell pressure.