🔥 Whale Moves Alert: 48.48M LDO Tokens Hit CEXs — Is a Major Shift Coming?
According to BlockBeats and insights from Lookonchain, institutional players are making serious moves with Lido DAO (LDO).
Over the past month, a staggering 48.48 million LDO tokens — worth approximately $45.6 million — have been deposited into centralized exchanges (CEXs) via wallet 0xC4Db. This activity suggests that large holders might be preparing for significant shifts in their portfolio strategies.
🚨 In a notable transaction, Paradigm Capital transferred 10 million LDO (valued at $8.41 million) to this same wallet — a possible indicator of incoming sell pressure or strategic reallocation.
👀 All eyes are now on LDO — whether it’s profit-taking or a larger play unfolding, traders should stay sharp.
📉 Will this spark volatility or open up buying opportunities?