PANews reported on May 16 that according to on-chain analyst Yu Jin’s monitoring, in the past three days, two addresses, including one that may belong to the Lido team, transferred 11.11 million LDO (11.53 million USD) to Binance, OKX, Bybit, and Gate. And they continued to transfer 19.41 million LDO (19.25 million USD) 5 hours ago, which should also be transferred to major CEXs in the future. These two addresses transferred LDO to the 0xC4Db address (probably a market maker), and then transferred it to major CEXs through the 0xC4Db address.
The following are the situations of these two addresses: ◎0x2c7AE received 30 million LDO from the "Lido:TeamVesting" contract half a year ago, and then transferred out 19.917 million LDO in the last three days. ◎0x3A765 received 15.45 million LDO from FalconX in October 2023, when the LDO price was $1.87. He transferred out 10.612 million LDO in the last three days.
These two addresses have transferred out a total of 30.528 million LDO (US$30.78 million) in the past three days, and still hold 14.92 million LDO (US$14.92 million).
