Paradigm Capital transferred 10 million LDO 9 hours ago, possibly for sale

According to a report by Jinse Finance, monitored by Lookonchain, several institutional wallets have deposited a total of 48.48 million LDO (45.6 million USD) into CEX through wallet 0xC4Db over the past month. Nine hours ago, Paradigm Capital transferred 10 million LDO (8.41 million USD) to 0xC4Db—there may be more sell-offs to come.