TechFlow News, according to Spot On Chain monitoring, the price of LBR has dropped by 44% over the past seven days.
A significant portion of LBR project's TVL was contributed by a group of KOLs and anonymous addresses, who appear to have recently sold all their LBR tokens.
Three examples:
- blurr.eth, the top staker in LBR (previously staked over 34,000 ETH, worth approximately $70 million), has sold all his tokens, with his last activity on January 15, 2024.
- sifuvision.eth (a top-5 staker holding over 6,000 ETH, staking around $13 million) has also sold all his tokens, with his last activity a few hours ago.
- czsamsunsb.eth (previously staked 4,000 ETH, worth about $8 million) has sold all his tokens, with his last activity a few hours ago.
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