Earlier this week, a whale executed a significant trade, selling 150,428 INJ tokens worth $3.29 million and purchasing 2.44 million LDO tokens valued at $3.05 million through Cumberland. Lido Finance, along with Aave, continues to dominate as one of the most revenue-generating applications. A whale sold 150,428 $INJ($3.29M) and bought 2.44M $LDO($3.05M) via #Cumberland in the past 30 hours.https://t.co/4L8vFWcIng pic.twitter.com/ESXmWIGoFJ — Lookonchain (@lookonchain) September 25, 2024 While Lido doesn’t currently share revenue with its stakers, the protocol has been strategically building up surplus funds, intending to implement revenue sharing with token holders in the future. Watching $LDO closely. Apart from
The post Whale Trades $3.29M In INJ For $3.05M In LDO As Lido Continues To Thrive: Weekly Analytics Report (Sept 16-23, 2024) appeared first on The Merkle News.
