Not every transfer to an exchange means a leak.
But every such transfer deserves attention.
By $LDO
4.3 million tokens were sent to Kraken.
Cost — about $1.6 million.
Average purchase price — $1.573.
If sold now, the loss would exceed $5 million.
That’s why jumping to conclusions is premature.
History shows that this whale has already sent LDO to an exchange more than once, and then calmly withdrew the coins back.
The market likes to mislead the crowd.
On-chain data helps you see the bigger picture.
#LDO #Crypto #Whales
But every such transfer deserves attention.
By $LDO
4.3 million tokens were sent to Kraken.
Cost — about $1.6 million.
Average purchase price — $1.573.
If sold now, the loss would exceed $5 million.
That’s why jumping to conclusions is premature.
History shows that this whale has already sent LDO to an exchange more than once, and then calmly withdrew the coins back.
The market likes to mislead the crowd.
On-chain data helps you see the bigger picture.
#LDO #Crypto #Whales