Suspected Lido team-owned address has transferred 11.11 million LDO to a CEX in the last 3 days, or may continue to transfer 19.41 million LDO.

BlockBeats News, May 16, according to Chain.info, in the past 3 days, two addresses, including one that may belong to the Lido Finance team, have transferred 11.11 million LDO tokens ($11.53 million) to Binance, OKX, Bybit, and Gate Exchange.

Just 5 hours ago, they further moved 19.41 million LDO tokens ($19.25 million), which are expected to be transferred to major centralized exchanges (CEX) next.