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About 1.95 Million LDO Accumulated By 3 Whales In The Last Wee | Crypto News Source

About 1.95 Million LDO Accumulated By 3 Whales In The Last Week

According
to Lookonchain monitoring, the three giant whale addresses increased their holdings by around 1.95 million LDO in the past week before the Lido protocol completed a significant update. Among them, “0x9EA7” raised 724,822 LDO (about 1.52 million USD) from Binance with a unit price of 2.01 USD; “0x4E4e” raised 655,641 LDO (approximately 1.38 million USD) from Binance with a unit price of 1.83 USD and purchased 570,883 LDO for 974,000 USDC at a unit price of 1.71 USD.

At the end of May 15, Lido Finance successfully upgraded to version V2 – a significant change that allows users to withdraw staking Ethereum from the platform. Previously, the protocol opened voting on the implementation of V2 on May 12. The V2 upgrade is considered the most critical update on Lido Finance, following the hard fork of Shapella last month to unlock large amounts of ETH for investors. Since then, Lido V2 has been continuously tested and undergone 9 rigorous evaluations. With Lido V2, there will be 270,000 ETH available in the Withdrawals vault, so investors can make asset withdrawal requests without waiting too long. After this amount of ETH is drained, the vault will continue to be pumped more. In other words.

Source

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