🐋 Significant $LDO Deposit to Binance 🚨

Whale 0xd7c has just deposited another 500,000 LDO ($1M) to Binance:

Transaction: 0xd75be88b465d0ffc86bc7db1dd88896bc563b1b81a80325a0304228009f1cbe0

Address: 0xd7c5deb9fa0ac9ab71cf5f53cb380bf1e6fe9730

Recent Activity Highlights 📉

Previous Withdrawal: On May 30, 2024, the whale withdrew 2.428M LDO from Binance at $2.324 (estimated cost: $5.64M).

Recent Deposits: Over the past 2 days, the whale deposited 1.5M LDO back to Binance and Coinbase at an average price of $1.96 ($2.99M), likely due to the steep drop in LDO price on June 29, 2024.

Current Holdings & Losses 📊

Current Holdings: The whale currently holds 927,834 LDO ($1.86M).

Total Loss: The whale's estimated total loss from LDO is $763K (-13.5%).

Market Insight 🌐

This whale's significant movements and strategic decisions highlight the volatility and impact of large transactions on the LDO market. Stay tuned for more updates and reactions!

🔗 Keep watching for further developments!