TechFlow News, on February 21, according to on-chain analyst Spotonchain's monitoring, early investors of Lido may be conducting large-scale sell-offs.
Data shows that investor Chun Wang sold 300,000 LDO tokens in the past 10 hours, amounting to approximately 518,000 USDT. Since the beginning of 2025, Chun Wang has cumulatively sold 5.8 million LDO, realizing about 10.27 million USDT in proceeds, at an average price of $1.771 per token, and currently still holds 2.2 million LDO.
Another investor, Wolfgang Albrecht, transferred 2.6 million LDO (worth around $4.51 million) to Binance exchange 16 hours ago. This investor received a two-year unlock allocation of 3.33 million LDO tokens and has now sold 3.28 million LDO at an average price of approximately $1.895, leaving a remaining balance of 50,000 LDO.
