Institutions seem to be selling $LDO recently.

Over the past month, several institutional wallets have deposited a total of 48.48M $LDO($45.6M) to exchanges through wallet 0xC4Db.

9 hours ago, Paradigm Capital transferred 10M $LDO($8.41M) to 0xC4Db — more selling could be on the way.

https://intel.arkm.com/explorer/address/0xC4Db5dB4c8945c120B0425a68435b2A15852E611