Significant LDO Movements As Address Deposits 3.76 Million LDO To Coinbase

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In the wake of a 10% decline in LDO over the past week, a significant transaction has drawn attention. An address identified as 0x0ff…07A85 deposited 3.76 million LDO into Coinbase within the last day, a holding valued at approximately $6.89 million. This address initially opened a position of 6.94 million LDO at an average price of $2.32 on April 12, 2023. With the current price of LDO at $1.84, this investor faces substantial losses. It is suspected that this address sold 3.17 million LDO four days ago. If the remaining 3.76 million LDO is sold, the investor will incur a

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