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Two early Lido investors sold more than 2.9 million LDO in 24 hours

Two early Lido investors sold more than 2.9 million LDO in 24 hours

CointimeCointime2025/02/21 03:33
By:Cointime

according to on-chain analyst Spot on chain monitoring, there has been a large-scale sell-off behavior by early investors in Lido. Data shows that investor Chun Wang sold 300,000 LDO tokens in the past 10 hours, with a transaction amount of approximately 518,000 USDT. Since the beginning of 2025, Chun Wang has sold a total of 5.8 million LDO tokens, cashing out approximately 10.27 million USDT, with an average selling price of 1.771 US dollars, and currently still holds 2.2 million LDO tokens.

Another investor, Wolfgang Albrecht, transferred 2.6 million LDO tokens (approximately 4.51 million US dollars) to Binance exchange 16 hours ago. This investor received an unlocking quota of 3.33 million LDO tokens two years ago, and has sold 3.28 million LDO tokens so far, with an average selling price of approximately 1.895 US dollars, and the remaining holding is 50,000 LDO tokens.

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