Paradigm Capital transferred another 10 million LDO this morning, expected to sell through CEX.
BlockBeats news, on June 21, according to monitoring by Yujin, Paradigm transferred the last 10 million LDO it held (worth 7.42 million USD) 10 hours ago. These LDO will continue to flow into multiple CEX over the next few days. Paradigm purchased 70 million LDO from the Lido treasury OTC 4 years ago at a price of 0.76 USD. Last November, they sold 50 million LDO at an average price of 1.31 USD, and recently sold 20 million LDO at an average price of 0.79 USD over the last 11 days. The overall average price of the transferred LDO is 1.16 USD, meaning they made approximately 28.13 million USD on their investment in LDO.
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