A significant turn of events is occurring in the cryptocurrency market. The famed whale known as “0x373” has just made a big investment that is turning quite a few heads. In the last two hours, this well-known entity has spent an impressive amount—664.5 ETH, equal to about $2.38 million—to purchase 1.167 million Lido DAO tokens (LDO). The average price they paid for the tokens was about $2.036 per token. This move by 0x373 is being watched very closely because, when you have that much money involved, obviously it’s such a signal. The crypto community knows the wallet address “0x373” well.
The post Whale “0x373” Makes a Bold Move: $2.38M Investment in LDO Marks a Potential Bullish Reversal appeared first on The Merkle News.