Lido DAO ($LDO )

This week, the LDO token attracted the attention of major players. Their portfolios grew by 40% and reached 18.68 million tokens (about $23 million at the current rate of $1.24). This activity is observed against the backdrop of attempts by LDO to break through key price levels.

An important signal for the market is that the amount of LDO on exchanges has decreased by 4.27% to 282.7 million tokens. This indicates that holders are transferring assets to personal wallets, which typically suggests long-term investment intentions. Meanwhile, the top 100 largest holders now control 828.85 million LDO (+0.53%). The distribution index remains at a low level of 8, confirming a high concentration of ownership.

The passage of the GENIUS Act in the USA opens up new opportunities for staking protocols. As Ethereum staking gains a legal foundation, projects like Lido become more attractive to institutional investors who have been waiting for regulatory clarity.

An interesting detail is that professional traders reduced their positions by 6.64%, likely locking in profits. This makes sense considering the impressive growth of LDO by 41% over the week.$WCT $ETH #Write2Earn