Rune Christensen, the founder of Sky (formerly MakerDAO), is close to offloading the last of the 25 million $LDO tokens he originally received as an early member of Lido Finance’s decentralized autonomous organization (DAO). On December 17, 2020, Christensen was allocated 25 million $LDO when the token was priced at $1.75. Since 2022, Christensen has been gradually selling off his $LDO holdings, averaging a sale price of $1.94 over time. His latest transaction occurred just five hours ago, when he sold 400,000 $LDO for $407,300 in $USDC, translating to a sale price of $1.02 per token. This recent move leaves
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