List of Flash News about crypto price drop
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08:30 |
Whale Dumps 21.3M LDO and 34.2M BLUR: Price Drops 25% and 20%—Key Crypto Trading Signals
According to Lookonchain, a major whale or institution deposited 21.3 million LDO (approximately $21.6 million) and 34.2 million BLUR (about $4 million) onto exchanges over the past week, triggering a 25% drop in LDO price and a 20% drop in BLUR price. The entity still holds 9.22 million LDO ($8.15 million) and 43.69 million BLUR ($4.5 million), indicating potential for further sell pressure. These large-scale movements and rapid price declines highlight increased volatility and liquidity risks for traders in both LDO and BLUR markets. Active traders should closely monitor on-chain flows and exchange wallet movements for early signs of additional dumps, as further large sales may continue to drive short-term bearish momentum and impact broader DeFi token sentiment. (Source: Lookonchain, Twitter, May 19, 2025) |