Wallets Linked to Trader Move 20 Million LDO Tokens to Exchanges
On-chain data show wallets associated with a trader transferred 20 million LDO tokens worth $6.58 million to multiple exchanges. The movement occurred in two stages over several hours.
Wallets connected to a cryptocurrency trader transferred 20 million LDO tokens valued at $6.58 million to several exchanges. The tokens were first collected from multiple addresses six hours before the report. They were then deposited into Binance, Kraken, OKX, Bybit, and Gate one hour before the report.
The transfers were identified through blockchain monitoring that tracks large movements of the token.
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