Lido: Early Investor Sends 4.3M LDO to Kraken

Lido early backer moved 4.3 million LDO tokens valued at $1.61 million into Kraken after holding since late 2020, locking in over 40x returns from the $0.0085 cost basis despite peak unrealized gains of $30 million in 2021.

With LDO price at $0.35 the position still reflects massive profit, yet the 4-hour chart shows price pressing upper Bollinger resistance at $0.37 while RSI(14) prints 96.25 in overbought territory and MACD confirms a golden cross; a healthy pullback toward EMA50 support at $0.33 appears probable before continuation. Traders tracking LDO price prediction amid broader crypto market crash fears should watch these levels closely as institutional flows continue to shape sentiment.