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Paradigm Capital transfers another 10 million LDO this morning, expected to sell through CEX
Summary: According to reports, Paradigm transferred the last 10 million LDO (worth $7.42 million) they held 10 hours ago, which will flow into multiple CEX in the coming days. Four years ago, Paradigm purchased 70 million LDO from the Lido treasury OTC at a price of $0.76. They sold 50 million at an average price of ...
According to reports, Paradigm transferred the last 10 million LDO (worth $7.42 million) they held 10 hours ago, which will flow into multiple CEX in the coming days.
Four years ago, Paradigm purchased 70 million LDO from the Lido treasury OTC at a price of $0.76. They sold 50 million at an average price of $1.31 in November last year, and recently sold 20 million at an average price of $0.79 over the past 11 days. The overall average price of the transfers is $1.16, meaning they have made approximately $28.13 million in profit on this LDO investment.
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Link: Paradigm Capital transfers another 10 million LDO this morning, expected to sell through CEX [Copy]
