Wu reported that, according to @EmberCN monitoring, the Paradigm Capital address transferred 10 million LDO (approximately 8.41 million USD) 7 hours ago, and it is expected that it will be sold on an exchange later. Paradigm purchased 70 million LDO from the Lido treasury OTC 4 years ago at a price of 0.76 USD. Last November, Paradigm sold 50 million LDO at an average price of 1.31 USD, making a profit of 27.5 million USD. The 10 million LDO transferred this time accounts for half of their remaining holdings. Due to the continued selling pressure from institutions, the price of LDO has dropped by 22% over the past month.