Paradigm Capital transferred another 10 million LDOs this morning and is expected to sell them through CEX
According to online reports, according to Ember Monitoring, Paradigm transferred its last 10 million LDOs (worth $7.42 million) 10 hours ago, and these LDOs will continue to flow into multiple CEXs in the next few days. Paradigm purchased 70 million LDOs from Lido Treasury OTC four years ago for $0.76. In November last year, 50 million units were sold for an average price of US$1.31, and 20 million units were sold for an average price of US$0.79 in the past 11 days. The combined average price of transfers was US$1.16, which means that they made approximately US$28.13 million on the investment in LDO.
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