According to the monitoring of on-chain analyst Yu Jin, the investment institution Sigil Fund transferred 1.47 million LDO to Binance 20 minutes ago, worth about 1.56 million US dollars, and the sale will realize a loss of 1.44 million US dollars. Sigil Fund bought these LDOs at a price of US$2.04 from April to November 2023 through on-chain purchases and Binance withdrawals. Now it is transferred to the exchange at a price of US$1.06, and it is expected to realize a loss of US$1.44 million (-48%).