finance
Listed Digital Asset Firm Moves 3.7 Million LDO Tokens to Exchange
A company listed on the London Stock Exchange transferred 3.7 million LDO tokens valued at approximately $990,000 to the Kraken exchange. The tokens form part of a portfolio that also includes ETH, DOT, NXM, RED, ATOM, and TIA.
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The company is also an investor in the Lido protocol. The transfer occurred while the price of LDO remained near recent lows.
The same company holds several other tokens described as older-generation assets. These include ETH, DOT, NXM, RED, ATOM, and TIA. Market data cited in the report indicate that each of these tokens has declined by roughly half since the start of the year. The company did not issue a public statement explaining the timing or purpose of the transfer.
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CorroborationLimited · 1 source
