Chun Wang, a well-known personality in the cryptocurrency community who co-founded two major mining pools, F2Pool and Stakefish, has kept on offloading large amounts of Lido DAO tokens (LDO). Just now, Wang sold another 300,000 LDO tokens for 517,926 USDT, at a price of $1.726 per token. This sale is part of an ongoing, larger strategy that has seen Wang liquidate millions of LDO tokens over the past several months. For a whale to do this and not have it affect the price in a significant way is pretty impressive. Since he came back to the market on November 21,
The post Chun Wang Continues LDO Sell-Off: A Closer Look at His Strategic Moves and Market Impact appeared first on The Merkle News.
