After holding LDO for five and a half years, a Lido early investor transferred 4.3 million LDO to an exchange.
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According to Odaily, on-chain analyst Yujin posted on the X platform stating that Lido's initial investor/institution (0xfB03...FF95), after holding LDO for five and a half years, transferred 4.3 million LDO tokens to an exchange an hour ago, worth 1.61 million US dollars. This investor/institution received an allocation of 5 million LDO tokens in December 2020, which was valued at 30 million US dollars at its 2021 peak and is currently worth 1.88 million US dollars. Compared to their LDO investment cost of 0.0085 US dollars per token, the current price still corresponds to over 40 times profit.
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