TechFlow reports, according to on-chain analyst Ai Auntie, a whale/institution that accumulated 31.76 million LDO between October 2022 and May 2023 transferred 7 million LDO (worth $13.01 million) to Coinbase 15 hours ago. If all are sold, it would realize a profit of $2.17 million.
The address had an average acquisition cost of $1.36 per LDO. It has now cumulatively deposited 9.6 million LDO onto exchanges, realizing profits of $3.17 million, while the remaining 7.79 million tokens have been moved to a new address.




