Lido DAO’s LDO Climbs 8%: Whale Buys $4.9M in a Week

Quick Summary:

Lido DAO’s native token, LDO, climbed 8.25% this week, with blockchain data revealing a major whale purchase.

The whale, identified as "0x655,” swapped 1,512 ETH (valued at $4.9 million) and 10,500 FXS ($4.98 million) to acquire 2.72 million LDO tokens.

According to Spot On Chain, the average purchase price was $1.833 per token.

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Article Details

Author / Journalist: Anisha Pandey

Category: Crypto

Markets: India

Topics: Market News Market News DeFi News Donald Trump Lido DAO (LDO)

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-21 @ 13:57:47 (1 days ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 167 words

Reading Time: 1 minutes read

Sentences: 50 lines

Sentence Length: 4 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 25324206

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