A Giant Whale Liquidates All LDO Tokens Held for Three Years at a Loss of About $900,000
Spot On Chain monitoring shows that giant whale address 0x9244 liquidated all LDO tokens at a loss after holding them for three years. An hour ago, the address exchanged 458,860 LDO (about $489,600) for 181.6 ETH. the LDO tokens were reportedly accumulated from multiple wallets mainly three years ago at an average price of $2.50, a loss of roughly $900,000 on the transaction.
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In the past hour, total liquidations across the network reached $105 million, mainly long positions.
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