According to Lookonchain, a wallet possibly linked to DeFiance Capital has deposited 9.3 million LDO tokens, valued at $10.1 million, into major exchanges Binance, OKX, Bybit, and Gateio over the past two days (source: intel.arkm.com/explorer/address). Such significant inflows typically signal a potential intention to sell or redistribute Lido DAO tokens, which could lead to increased volatility and downward price pressure for LDO in the short term. Crypto traders should closely monitor order books and exchange flows for LDO, as large deposits by institutional wallets often precede notable price movements (source: Lookonchain Twitter, May 15, 2025).

According to Lookonchain, a wallet possibly associated with DeFiance Capital deposited 9.3 million LDO tokens, valued at $10.1 million, into Binance, OKX, Bybit, and Gate.io over the past two days (source: Lookonchain, intel.arkm.com). This significant inflow of LDO to major exchanges signals a potential increase in sell-side liquidity, which may impact short-term Lido DAO token prices and overall market sentiment. Traders should monitor LDO trading volumes and price action closely, as large deposits to centralized exchanges often precede heightened volatility and potential downward price pressure.