Paradigm transferred 70 million LDO to a new wallet 40 minutes ago, of which 8.18 million LDO were transferred to Coinbase

Odaily News According to Onchain Lens, 40 minutes ago, Paradigm Capital transferred $96.6 million worth of LDO (70 million) to 2 different wallets. One of the wallets transferred 8.18 million LDO worth $11.29 million to Coinbase. Paradigm received these LDOs four years ago, when they were worth $149.27 million. They purchased $51 million worth of LDO from Lido's treasury and paid 15,120 ETH.