The suspected team address has transferred 6.7 million LDO to CEX in the past 20 hours, and 17.81 million LDO has been transferred to CEX in the past 4 days

Odaily News According to the monitoring of the chain ember, the address suspected to belong to the Lido team has transferred 6.7 million LDO (about 6.61 million US dollars) to Binance, OKX, Bybit, and Gate in the past 24 hours. This organization or team has transferred a total of 17.81 million LDO (about 18.14 million US dollars) to CEX in the past 4 days. The price of LDO has also fallen from 1.16 US dollars to the current 0.93 US dollars during this period, a drop of 20%.