PANews reported on October 31 that Spot On Chain monitoring shows that whale address 0x9244 has liquidated all LDO tokens it held for three years at a loss. An hour ago, this address swapped 458,860 LDO (approximately $489,600) for 181.6 ETH. It is reported that these LDO tokens were mainly accumulated from multiple wallets at an average price of $2.50 three years ago, resulting in a loss of about $900,000 in this transaction.
The current LDO price is at a low point, down about 40% compared to the same period last year.
