Paradigm has transferred LDO for the 4th consecutive day, transferring 10.38 million LDO to CEX two hours ago

According to on-chain analyst Yu Jing, Paradigm has transferred out LDO for the 4th consecutive day: 10.38 million LDO (13.3 million USD) were transferred into Coinbase Prime two hours ago. Since the rise on November 7th, they have started transferring out LDO that they purchased from the Lido treasury at a price of $0.76 per unit. Out of the 70 million LDOs bought, currently, 36.51 million units (4.79 million USD) have been transferred into Coinbase Prime with an average transfer price of $1.31.