Institutions Offload $45.6M in Lido DAO Tokens

Institutional investors have been actively selling Lido DAO (LDO) tokens, with a total of 48.48 million LDO, valued at $45.6 million, deposited to exchanges over the past month. These transactions have been routed through the wallet address 0xC4Db. Notably, Paradigm Capital recently transferred 10 million LDO, worth approximately $8.41 million, to the same wallet, indicating potential further sales.

LDO -4.86%

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