Golden Finance reported that according to the on-chain data disclosed by Spot On Chain, Three Arrows Capital has transferred 449,000 LDOs held in its 0xF300 wallet to Coinbase. It is reported that these LDO tokens were purchased at a price of about US$0.7, and the expected profit is US$5.13 million. Historical data shows that the wallet purchased 3.5 million LDOs at a price of US$0.7 in May 2021, and transferred 400,000 LDOs to Binance from May to June 2022, and transferred 2.94 million LDOs to Coinbase from February 2023 to date.