Suspected Lido team-owned address has transferred an additional 6.7 million LDO to a CEX in the last 24 hours

BlockBeats News, May 17th, according to on-chain data analyst Yu Jin's monitoring, the suspected Lido team's affiliated address has once again transferred 6.7 million LDO (approximately $6.61 million) to Binance, OKX, Bybit, Gate in the past 24 hours.

This entity or team has cumulatively transferred 17.81 million LDO (approximately $18.14 million) to CEX over the past 4 days. During this period, the LDO price has retraced from $1.16 to the current $0.93, a 20% decrease.