Institutional wallets have deposited 48.48 million LDO into exchanges, indicating ongoing market activity and potential sell-offs.
According to Lookonchain, institutional wallets deposited a total of 48.48 million LDO (worth $45.6 million) into centralized exchanges over the past month. Paradigm Capital's recent transfer of 10 million LDO (approximately $8.41 million) to wallet 0xC4Db suggests potential further sell-offs, contributing to market volatility.
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