๐ฃ๐ฎ๐ฟ๐ฎ๐ฑ๐ถ๐ด๐บ ๐๐๐บ๐ฝ๐ ๐ญ๐ฌ๐ ๐๐๐ข โ ๐ฆ๐ฒ๐น๐น๐ถ๐ป๐ด ๐ฃ๐ฟ๐ฒ๐๐๐๐ฟ๐ฒ ๐๐ฒ๐ต๐ถ๐ป๐ฑ ๐ฎ๐ฎ% ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ ๐๐ฟ๐ผ๐ฝ?
According to monitoring by Ember, Paradigm Capital transferred out 10 million LDO (about 8.41 million USD) 7 hours ago, which is expected to flow to exchanges such as Binance, OKX, Bybit, Gate, etc. In the previous month, institutions (or teams) had sold a total of 51.31 million LDO (about 48.66 million USD).
Paradigm purchased 70 million LDOs from Lido Treasury OTC at $0.76 four years ago, of which 50 million were sold at an average price of $1.31 in November last year, making a profit of $27.5 million. Half of the remaining 20 million were transferred today.
Perhaps affected by the continued selling pressure, the price of LDO has fallen by about 22% in the past month.