Paradigm Capital transferred out 10 million LDOs. LDO may have fallen 22% in recent months due to selling pressure.

Odaily Planet Daily News According to Ember's monitoring, Paradigm Capital's address transferred out 10 million LDO (about 8.41 million US dollars) 7 hours ago, which is expected to flow to exchanges such as Binance, OKX, Bybit, Gate, etc. In the previous month, institutions (or teams) had sold a total of 51.31 million LDO (about 48.66 million US dollars). Paradigm purchased 70 million LDO from Lido Treasury OTC at $0.76 four years ago, of which 50 million were sold at an average price of $1.31 in November last year, making a profit of $27.5 million. Half of the remaining 20 million were transferred out today. Perhaps affected by the continuous selling pressure, the price of LDO has fallen by about 22% in the past month.