🔍 Institutional players are transferring large LDO holdings to exchanges
According to Lookonchain data, in the last month, institutional wallets have transferred 48.48 million LDO tokens (~$45.6 million) to centralized exchanges. Among them is Paradigm Capital, which sent 10 million LDO worth $8.41 million to wallet 0xC4Db.
📉 These movements may signal potential sell-offs, especially against the backdrop of increased activity by large holders.
📊 Such activity by institutions often serves as a leading indicator of price dynamics. We are monitoring closely 👀
💬 What do you think, LDO — 🚀 or 📉 in the coming days?
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