A whale deposited 7 million LDO to Coinbase, worth $13.01 million
According to on-chain analyst @ai_9684xtpa, a whale/institutional investor who had accumulated 31.76 million LDO between October 2022 and May 2023 deposited 7 million LDO (worth $13.01 million) to Coinbase 15 hours ago. If they sell all of it, they will make a profit of $2.17 million. The cost of their accumulation was $1.36 per token and they have already deposited 9.6 million LDO to exchanges and made a profit of $3.17 million. The remaining 7.79 million tokens have been transferred to a new address.
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