TechFlow reports, according to on-chain data disclosed by Spot On Chain, Three Arrows Capital has transferred 449,000 LDO tokens held in its 0xF300 wallet to Coinbase. These LDO tokens were originally purchased at approximately $0.70 per token, resulting in an estimated profit of $5.13 million.
Historical data shows that this wallet acquired 3.5 million LDO tokens at $0.70 per token in May 2021. Between May and June 2022, it transferred 400,000 LDO tokens to Binance, and from February 2023 to date, has moved 2.94 million LDO tokens to Coinbase.
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