According to Foresight News, Spot On Chain monitoring showed that three initial Lido DAO members sold $49.6 million worth of LDO tokens to exchanges during last week’s rally.
The move caused LDO to drop more than 10% in 24 hours.
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Initial Lido DAO members sell $49.6 million in LDO tokens, causing prices to fall
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LDO
1.178
+7.09%
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