Lido DAO (LDO) Surges to 52-Week High: A Look Behind the Scenes
2 months ago 1 min read

This whale withdraws 450,000 LDO tokens worth around $1.5 million

With its impressive price increase, the DeFi token Lido DAO (LDO) recently made waves in the crypto space. According to CoinMarketCap data, LDO reached a new 52-week high of $3.60 on January 6, representing a remarkable increase of more than 15%. The crypto community was drawn to a notable event when a whale trader known as 0xfc9 executed a significant move on Coinbase. This trader swapped Render for Lido DAO in the early hours of Saturday, making a strategic move in the volatile market. The whale withdrew a significant amount of LDO tokens, approximately 450,000, worth approximately $1.5 million. They