Lido DAO Members' Massive Sell-off! A Sale of LDO Worth Nearly $50 Million Triggers Market, 10% Plunge Emerges!
LDO Holders, Hold On Tight! According to the latest monitoring, three initial members of Lido DAO collectively offloaded LDO tokens worth nearly $49.6 million during last week's rebound, causing the token price to plummet over 10%. This crazy sell-off is like pouring cold water on the bullish optimism—beneath what seems to be a strong rebound lies a hidden volatility crisis!
During such large holders' sell-offs, retail investors often end up being the ones getting hurt. Market sentiment instantly turns bearish, and if large holders continue to sell, LDO may face further pressure. At this stage, caution is paramount to avoid blindly bottom-fishing, especially when large holders control the movement, as the market tends to be highly volatile.
How to gain a foothold in such a market? Remember: Insight into large holders’ movements and capturing emotional fluctuations is the key. Don’t fall into large holders’ traps; be a wise hunter in the crypto market! Follow Tang Ge, and together we will uncover the truth of the market!
