Paradigm Capital transferred another 10 million LDOs this morning, expected to be sold through CEX
BlockBeats reported that on June 21st, according to the monitoring of Ashes, Paradigm transferred out its last 10 million LDOs (worth $7.42 million) 10 hours ago, which will continue to flow into multiple CEX in the coming days. Paradigm purchased 70 million LDOs from Lido Treasury OTC for $0.76 four years ago. Last November, it sold 50 million pieces at an average price of $1.31, and in the past 11 days, it has sold 20 million pieces at an average price of $0.79. The overall average price transferred out is $1.16, which means they earned approximately $28.13 million on the LDO investment.