List of Flash News about Lido DAO token
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2025-06-21 07:58 |
Paradigm Sells 70 Million LDO Tokens in 4-Year Cycle, Realizes $28.13M Profit – LDO Price Impact and CEX Inflows
According to @ai_9684xtpa on Twitter, Paradigm has completed the sale of its entire 70 million LDO holdings, achieving a total profit of $28.13 million over a four-year period. The final tranche of 10 million LDO, valued at $7.42 million, was transferred to centralized exchanges (CEXs) 10 hours ago, with further inflows expected in the coming days. Paradigm initially acquired the LDO tokens from the Lido treasury via OTC at $0.76 each, and previously sold 50 million LDO at an average price of $1.31 in November last year. Traders should monitor LDO price volatility and potential sell pressure as tokens continue to enter major CEXs. (Source: @ai_9684xtpa on Twitter) |