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An hour ago, a certain whale transferred 10.88 million LDO to Coinbase, equivalent to approximately 33.2 million US dollars

An hour ago, a certain whale transferred 10.88 million LDO to Coinbase, equivalent to approximately 33.2 million US dollars

2024/01/26 03:25
LDO-3.23%

According to on-chain analyst EmberCN, a whale/institution started buying up 10.88 million LDO tokens at an average price of $2.05 from Binance during the market crash that began on August 18 and lasted until December 25 through Amber Group. An hour ago, this entire batch of 10.88 million LDO (approximately $33.2 million) was transferred to Coinbase. Given the current price of LDO at $3.05, it is expected that this whale/institution will realize a profit of $10.88 million (+49%).

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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