List of Flash News about LDO price volatility
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04:29 |
DeFiance Capital-Linked Wallet Deposits 9.3M LDO ($10.1M) to Binance, OKX, Bybit, and Gateio: Key Signals for Lido DAO Traders
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). |