Whale redeems 526,000 LPT from staking contract and transfers to Binance, expected profit of $2.01 million

PANews, June 5th news. According to Yu Jin monitoring, an address redeemed 526,000 LPT from the LPT PoS staking contract in the past hour, worth approximately $4.81 million, and transferred it to Binance. The address purchased and staked at an average price of about $5.90 between February and April this year. Currently, LPT has increased by 55% in the past week. This operation may be for cashing out profits, with an estimated realized profit of about $2.01 million.