Large LDO Transfer to Coinbase Indicates Potential Sell-Off | Flash News Detail | Blockchain.News
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6/12/2024 3:56:46 AM

Large LDO Transfer to Coinbase Indicates Potential Sell-Off

Large LDO Transfer to Coinbase Indicates Potential Sell-Off

According to @ai_9684xtpa, an address (0x0ff...07A85) transferred its entire holding of 3.76 million LDO tokens to Coinbase nine hours ago. These tokens, worth $6.89 million, were originally purchased on April 12, 2023, at an average price of $2.32 each. With the current price at $1.84, the holder had already sold 3.17 million tokens four days ago and may incur a total loss of $3.05 million if the remaining tokens are sold.

Source

Ai 姨

@ai_9684xtpa

Ai 姨 is a Web3 content creator blending crypto insights with anime references