KR1plc: Transfers 3.7M LDO to Kraken
KR1plc moves 3.7 million LDO worth $990K to Kraken as LDO trades at $0.25 amid bearish EMA structure and neutral RSI.
SourceAnalysis
KR1plc, the London-listed digital asset firm and Lido investor, transferred 3.7 million LDO tokens valued at $990,000 to Kraken one hour ago.
Price action on the 4h chart shows LDO testing upper Bollinger resistance at $0.25 while the EMA50 sits at the same level and the EMA200 holds higher at $0.28, confirming the bearish trend structure. With RSI at 65.21 remaining neutral and MACD printing a golden cross, the token sits inside its bands between $0.24 support and $0.25 resistance, suggesting a likely retracement toward the 50-EMA before any sustained move higher.
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