๐Ÿ‹ Significant $LDO Deposit to Binance ๐Ÿšจ

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

Transaction: 0xd75be88b465d0ffc86bc7db1dd88896bc563b1b81a80325a0304228009f1cbe0

Address: 0xd7c5deb9fa0ac9ab71cf5f53cb380bf1e6fe9730

Recent Activity Highlights ๐Ÿ“‰

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 ๐Ÿ“Š

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 ๐ŸŒ

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!

๐Ÿ”— Keep watching for further developments!