- Almost $10 million worth of LDO was accumulated in the last five days.
- While new addresses refrained from transacting, LDO transfers increased.
For the second time in three days, FalconX has moved a ton of Lido Finance [LDO] tokens into self-custody. The first time the institutional crypto platform transferred LDO was on 11 October. As of then, Lookonchain reported that Falcon X withdrew $8.13 million worth of Lido from Binance, making its total holding $10.94 million LDO.
Realistic or not, here’s LDO’s market cap in ETH terms
On 13 October, FalconX withdrew 1.23 million LDO from the same exchange. This was once again disclosed by Lookonchain.
FalconX withdrew 1.23M $LDO ($1.86M) from #Binance again today.#FalconX has accumulated a total of 6.48M $LDO ($9.8M) from #Binance in the past 5 days.https://t.co/Nc3oc607da pic.twitter.com/10XR7lGxbR
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Author: Victor OlanrewajuDid you like this?
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