🐋 Significant $LDO Deposits to Binance 🚨

In the past few minutes, five wallets (three entities) deposited 4.44M LDO ($7.91M) to Binance at losses, leading to a 12.03% drop in LDO price over the past 24 hours.

Breakdown of Deposits 📉

Whale 0xd7c deposited the remaining 927,834 LDO ($1.68M):

Transaction: 0xe60b13c50365838431dd019a724e2ebd6c3cacad0663c523920875d1ca83f352

Address: 0xd7c5deb9fa0ac9ab71cf5f53cb380bf1e6fe9730

Estimated Loss: $973K (-17.3%)

Two wallets, 0x287 and 0x7Ee (one entity) deposited all 2.26M LDO ($4.0M):

Transaction 1: 0x6744734371372848eb26eb69b756f4ff725e8b8a6b85b58356fa2c637e63bb4a

Transaction 2: 0xecd9391395792e70fb1b3dd6e097e099d5897442ca11c6109872bd0dfca15e57

Address 1: 0x2872f40a9bf8348F280bD9D79220c3ffDFc6cdF8

Address 2: 0x7Ee04993Df9c43784d3e20Fb611ca1aA5803b2Ff

Two wallets, 0xBD0 and 0x423 (one entity) deposited all 1.25M LDO ($2.23M):

Transaction 1: 0xc019a9efef923b785c96f92eadd817dd166238c8d3316a3cc4877354252fd125

Transaction 2: 0x9a63a4ca53c11f72a63b321e259ab814faa94d9bf45d6bdf41c035183b8ee507

Address 1: 0xBD07ff8A4961558a8817c49187f8A15994eaC26f

Address 2: 0x423e2C82aceacFB9CebEc931A30dc1bc88ff7E27

Market Insight 🌐

These significant LDO deposits at losses indicate potential bearish sentiments and could further impact the market. Keep an eye on market reactions and further developments!

🔗 Stay tuned for more updates on #ldotoken