A significant whale address has acquired 4.5 million Lido DAO (LDO) tokens, valued at approximately $1.86 million, through over-the-counter (OTC) transactions, following Lido's recent LDO buyback initiative. The purchase was facilitated by Wintermute and FalconX, according to Ember Monitoring.
In addition to the LDO acquisition, the whale address also obtained 10,000 AAVE tokens, worth around $1.15 million, from the same OTC sources. These transactions highlight continued interest and strategic accumulation by large investors in the crypto market.
Whale Acquires 4.5M LDO and 10K AAVE in OTC Transactions
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