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Two addresses deposited 2.84 million LDOs to Coinbase five minutes ago, worth $8.4 million.

Two addresses deposited 2.84 million LDOs to Coinbase five minutes ago, worth $8.4 million.

CointimeCointime2024/01/26 12:43
By:Cointime

According to on-chain analyst @ai_9684xtpa, as reported by Jinse Finance, two addresses that have been hoarding LDO tokens just deposited 2.84 million tokens worth $8.4 million into Coinbase. These tokens were accumulated in batches between January 8th and January 26th and are suspected to belong to the same person or entity, with an average cost of $2.95 per token. If sold at current prices, the profit would be $170,000.

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