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Lido DAO members sold $49.6 million worth of LDO, causing the token to fall more than 10% in 24 hours

Lido DAO members sold $49.6 million worth of LDO, causing the token to fall more than 10% in 24 hours

Cointime2024/11/11 09:11
By: Cointime
DAO0.00%LDO-0.15%

According to Spot On Chain monitoring, three initial members of Lido DAO sold $49.6 million worth of LDO tokens on exchanges during last week's rebound, leading to a drop of over 10% in LDO within 24 hours.

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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