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After holding LDO for five and a half years, an initial Lido investor transferred 4.3 million LDO to Kraken

2026-07-17 14:01
Odaily reported that on-chain analyst Yujin posted on platform X, stating that an initial Lido investor/institution (0xfB03...FF95), after holding LDO for five and a half years, transferred 4.3 million LDO, worth $1.61 million, to Kraken an hour ago. This investor/institution received an allocation of 5 million LDO in December 2020, which was worth $30 million at its peak in 2021 and is now worth $1.88 million. Compared to their acquisition cost of $0.0085 per token, the current price still represents a profit of over 40 times.
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