$LDO was transferred by Paradigm after 2 years of receipt

In 2021, Lido raised 73 million USD from #Paradigm and several other VCs including Coinbase Ventures, Three Arrows Capital, Jump Trading...

Paradigm led so they paid directly 15,120 ETH (53 million USD) to receive 70 million $LDO. The purchase price was about $0.757

As of now, more than 3 years later, they have sent a total of 15,119 million LDO (19.2 million USD) to Coinbase Prime at an average price of $1.34 in 2 transfers. This price has increased by about 77% compared to the purchase price.

They still hold 54.881 million $LDO (~69.15 million USD). The remaining part is still a profit of 16 million USD.